‘Buckle Up’—The Real $40 Trillion Reason Why A Massive Bitcoin Surge Could Be Just Beginning

Bitcoin has suddenly surged by more than 10% over the last 24 hours, following quiet signs an even bigger move could be around the corner.

The bitcoin price has topped $70,000 per bitcoin after spending months at around $60,000, with BlackRock sending the market a surprise signal earlier this month. Ethereum, up 20% and other major cryptocurrencies including Ripple’s XRP, up 15%, and Hyperliquid’s hype, up 25%, also rocketed higher.

Now, as the Federal Reserve grapples with its bitcoin nightmare coming true, U.S. federal-government debt has passed $40 trillion for the first time—just as the Treasury said it will buy back more long-term government bonds in a desperate attempt to contain soaring borrowing costs.

The U.S. Treasury surprised the market by announcing it would “at least double” purchases of long-term government debt as it scrambles to contain a sell-off that has sent borrowing costs soaring.

"The U.S. Department of the Treasury is increasing, by at least double, the size of liquidity support buyback operations for longer-dated nominal coupon securities (the 10-year to 20-year sector and the 20-year to 30-year sector). The current maximum size of $2 billion per operation will be at least $4 billion per operation," a Treasury spokesperson wrote in a press release.