Bitcoin Eyes $70,000 as US Treasury Buyback Speculation Grows; ETH, HYPE, TRUMP Lead Gains

BitcoinWorld Bitcoin Eyes $70,000 as US Treasury Buyback Speculation Grows; ETH, HYPE, TRUMP Lead Gains Bitcoin is approaching the $70,000 mark as speculation over US Treasury bond buybacks fuels risk-on sentiment across cryptocurrency markets, with Ethereum (ETH), HYPE, and TRUMP tokens leading the latest gains.

As of March 25, 2025, BTC trades near $69,500, up 4% over the past 24 hours, while ETH has surged 6% to $3,850, HYPE jumped 12% to $38.20, and TRUMP gained 15% to $18.40.

Why Treasury Buybacks Could Push Bitcoin Higher The potential for the US Treasury to initiate bond buybacks—a tool used to manage liquidity and stabilize the bond market—has investors betting on increased dollar liquidity.

Historically, such measures can weaken the dollar and boost demand for alternative assets like Bitcoin. Market analysts note that if the Treasury proceeds, it could signal a shift toward more accommodative financial conditions, which often benefits risk assets.