Analysis: U.S. Treasury Buyback Plan Could Boost Liquidity, Bitcoin May Head Toward $180,000

August 21 news, according to CoinDesk, long-term bond market investor and macro strategist Mark Connors said the U.S. Treasury's plan to regularly buy back long-term bonds could serve as a key catalyst for Bitcoin's next rally, potentially paving the way for BTC to reach the $180,000 target. Treasury Secretary Scott Bessent said Thursday that the government expects to conduct regular long-term Treasury buyback operations and may expand the scale beyond the previously announced $4 billion plan. Bessent noted that the government aims to stabilize the bond market through these tools, ensuring yield levels reflect economic fundamentals. Following the announcement, Bitcoin's price extended gains, briefly approaching $73,000.