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Aug. 19 turned out to be an extraordinary day for the crypto market as Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies began rallying after the U.S. Treasury announced it is at least doubling the amount of longer-term government bond buybacks.

An old Bitcoin address holding millions in Bitcoin that had not made any transactions in over 14 years suddenly reactivated yesterday. Per Galaxy Research’s monitoring, the Bitcoin address beginning in “1EBz” first took in the Bitcoin on July 16, 2011, when BTC traded under $15. It sat untouched until 20:14 UTC on August 6, 2026,…