Bitcoin Market Cap Jumps $416B in 9 Weeks Amid Treasury Buyback Expansion

Bitcoin's market capitalization surged by $416 billion in just nine weeks, catapulting it from lows around $60,000 to peaks above $79,000 in August 2026. This dramatic rise was fueled by a combination of factors, including the expansion of US Treasury bond buybacks that lowered yields and made risk assets like Bitcoin more attractive.

Additionally, a massive short squeeze and record inflows into Bitcoin ETFs further contributed to the rally. As a result, Bitcoin briefly became the 13th-largest global asset, signaling strong institutional interest and market momentum.

The combination of these factors suggests continued bullish sentiment for Bitcoin in the near term. However, it's essential to note that this article does not provide investment advice or opinions on the future price of Bitcoin.