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Latest / DeepMarket: Crypto Daily

2026-08-21:Treasury Buybacks Ignite $2.75 Billion Short Squeeze as ETF Demand Masks Late-Cycle Retail Greed

Bitcoin breaks above $77,000, ETFs pull in $606 million, and more than $2.75 billion in shorts vanish in a single violent repricing. But what if the rally's strongest fuel was forced buying rather than fresh conviction? In this episode, we trace the move from a sudden Treasury buyback expansion to crypto's surprising decoupling from falling equities. We examine Ethereum's 17.5% jump alongside whale exits, XRP's 300 million-token accumulation, ADA's revived network activity, and ENA's $1 billion institutional lending deal. Then comes the question many traders may prefer to avoid: why is a $219…

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