Bitcoin broke $79,000 on Friday, continuing the rapid rebound of two previous trading days. After weeks of weakness, this round of booms clearly changed the short-line mood of the encryption market and allowed prices to return from about $65,000 earlier this week to over $70,000.
The cumulative increase over two days is clear.
Market data show that bitcoin rose by more than 5 per cent on Thursday and by about 7 per cent on Wednesday. After a series of liftings, the price of a short stop of $79,000 was a short-line rebound since 2026.
The 69,000 to 70,000-million-dollar range, which had repeatedly suppressed price rebounds, was also breached in the current round. Whether or not the region ' s follow-up can become a anchor for the next focus of market attention.
U.S. Treasury moves to drive risk assets
The first catalytic factor in the current round is from the United States Treasury debt market. According to the United States Treasury Department, the size of the buy-back of 10 to 30-year-old national debt will be at least doubled, and the single operating amount will increase from $2 billion to at least $4 billion, with implementation starting in September.
This decision came after the United States long-standing national debt had been sold off significantly before. The annual rate of return on United States debt rose to a high level since 2007. After the news was released, long-term gains took the lead, the dollar weakened and assets such as gold and bitcoin strengthened.
Reuters had previously reported that after a long span of time, empty patches had also magnified the ability to operate on the encryption market. Bitcoin first got back on the line for the first time since June, with $70 million, and then the increase accelerated.
Regulatory expectations and chain buy-in support
Policy expectations in Washington also provide a second push for markets. Trump pressured Congress again to move forward with the CIA Act. The bill aims to further clarify the regulatory division between the United States Securities and Exchange Commission and the Commodity Futures Trading Commission in the area of digital assets.
As the Senate had not been able to conclude the negotiations before the August recess, September was seen as an important window of compromise for the next round. Trump ' s statement reinforced the market ' s expectation that the encryption regulatory framework in the United States would continue.
Financial changes in the chain may also magnify the rebound. Coimpaper previously quoted the analysis that there were more than 38,000 BTC inflows to cumulative addresses earlier this month, and that part of the hold was estimated to be around $70,000. As prices return to above this level, a significant proportion of recent buyers have returned to their floating position.
Next, the market focus will shift to whether bitcoin can hold the post-break zone. If the price is maintained at $70,000, the rebound structure is expected to continue; if the recent increase is reversed, it may trigger the closure of some of the funds.