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Business

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week

MarketWatch · August 22, 2026 at 9:00 AM

Why an announcement from the Treasury sparked a rally in gold and bitcoin this week

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

Read the full article on MarketWatch ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.marketwatch.com — the content belongs to MarketWatch.

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