Bitcoin Surges Past 80k as US Treasury Bond Yields Drop

Bitcoin reached $80,453 in early trading on Tuesday, marking the first time the world’s largest cryptocurrency has crossed the $80,000 threshold since mid-May, according to reporting from Forbes México and Forbes Argentina.

The latest price action represents a gain of more than 25% over a single week for Bitcoin, driven higher alongside a broader rally across digital assets. Ether, the second-largest cryptocurrency by market capitalization, climbed to $2,503, notching a weekly increase exceeding 30%, according to verified data from the outlets. Other major tokens experienced steep gains over the same seven-day window, with Solana’s SOL surging 32%, Binance’s BNB rising 18.7%, XRP jumping 51.7%, and the memecoin DOGE advancing 31.8%. Despite the momentum, prices remain well below the all-time high of $126,000 reached last year.

Treasury Intervention and the Debasement Trade

The crypto market surge coincides with what financial analysts term the “debasement trade,” a strategy where capital shifts away from fiat currencies and sovereign debt toward scarce assets. According to Forbes México and Forbes Argentina, the trend accelerated after U.S. Treasury Secretary Scott Bessent announced plans to double the repurchase of long-term Treasury bonds to cool rising yields.

That Treasury announcement followed a spike in the 30-year Treasury yield to its highest point since 2007. Market pressures mounted amid ongoing concerns regarding the conflict in Iran and as the U.S. national debt reached $40 trillion. The intervention triggered a wave of selling for the U.S. dollar while lifting both gold and cryptocurrencies.

Weighing in on the macro environment, hedge fund manager Ray Dalio warned investors in a blog post to reduce exposure to debt assets like bonds while increasing positions in gold and, to a degree, Bitcoin, as reported by Forbes México and Forbes Argentina.

Political Momentum and the CLARITY Act

Political Momentum and the CLARITY Act

Regulatory developments in Washington have added further momentum to the digital asset sector. Last week, President Donald Trump hosted industry executives at the White House to discuss digital asset policy, according to Forbes México and Forbes Argentina.

During the event, President Trump urged Congress to pass the stalled CLARITY Act, a measure backed by the cryptocurrency industry to establish formal legal frameworks for digital assets.

Es indispensable que el Congreso avance hacia la siguiente etapa mediante la promulgación de la ley CLARITY, planteada en una modalidad justa (…). Se trata de un marco normativo muy, muy sólido que nos conservará por delante de China y del resto.

Forbes México / Forbes Argentina

As markets absorb the dual impact of monetary policy shifts and legislative pushes, institutional and retail participants continue to monitor how these macroeconomic levers will influence asset valuations moving forward.