Ethereum has rallied 17.7% over the past 24 hours to $2,249.80, with more than $1 billion in ETH short positions liquidated as falling US Treasury yields and fresh regulatory developments drove traders back into crypto. CoinGecko data showed ETH climbing from below $1,950 on Aug. 19 to an intraday peak near $2,300 before settling close to $2,250 on Aug. 20, leaving the token up 19.3% over the past seven days. The rally followed a US Treasury announcement on Aug. 19 that it would at least double the size of liquidity-support buybacks for longer-dated government debt. The maximum purchase size for 10-to-20-year and 20-to-30-year nominal coupon securities will increase from $2 billion to at least $4 billion per operation between Sept....
Ethereum stiger 18% etter $1 milliard short squeeze som driver kryptoutbrudd
