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LIVE DESK·Global markets desk·Last updated 14s ago
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Markets/CryptoArticle

Bitcoin holds above $77,000 after Treasury-driven short squeeze

The cryptocurrency remained supported following a surge linked to Treasury market dynamics.

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Marcus Webb · Crypto Desk · 22 Aug 2026 · 10:33 · 1 min read
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Bitcoin holds above $77,000 after Treasury-driven short squeeze

Bitcoin maintained levels above $77,000 after a short squeeze reportedly driven by activity in the Treasury market. The price action followed a period of volatility tied to broader market conditions.

Bitcoin

BTCUSD
Full profile →
76987.2300▼ 0.55%
As of 22/08/2026, 11:29:51

Further verified details on the drivers behind the move were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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