Markets/CryptoArticle

Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite

Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.

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Marcus Webb · Crypto Desk · 20 Aug 2026 · 08:33 · 1 min read

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Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite.

Bitcoin

BTCUSD

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71516.1900▲ 10.96%

As of 20/08/2026, 08:40:26

Finance Review Daily is tracking this development following a report from Coindesk. Additional confirmed specifics had not been verified at the time of publication.

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.

Market Snapshot

Delayed

EUR/USD1.1674▼ 0.04%GBP/USD1.3604▼ 0.02%USD/CHF0.7995▲ 0.29%BTC/USD69,505.81▲ 0.25%ETH/USD2,253.49▲ 0.03%XAU/USD4,487.37▼ 0.79%

Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite

Bitcoin

Market Snapshot

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