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How Scott Bessent Jolted Bitcoin 20% Higher: Crypto's Historic Rally Deciphered

BenzingaAug 22, 2026, 3:00 PMKhyathi Dalal

Bitcoin may benefit from dovish U.S. policy as Treasury supports long-term bonds, reviving debasement trades. Liquidations and ETF inflows also boosted its rally.

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benzinga
Observed
Aug 22, 2026, 3:00 PM
Checked
Aug 22, 2026, 11:01 PM
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Captured once, then retained as an archive reference
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