Bitcoin is up by $10,000 a week, and $3 billion is lost

In the past week, the price of bitcoin has increased by about $10,000, surpassing, for the first time, $77,000, a high since May. This rebound touched $79,500 on Thursday, resulting in a loss of more than $3 billion. The analysis indicated that the increase was related to the doubling of long-term bond purchases by the United States Treasury Department, after a six-week swing in bitcoin prices between $60,000 and $65,000。