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allfrontnews > Blog > Business > Investment > Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Investment

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week

Last updated: August 22, 2026 3:00 pm
By allfrontnews
0 Min Read
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Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

Source: MarketWatch

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