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Bitcoin just ripped toward $80,000, wiping out weeks of bearish predictions and creating a $13 billion swing for Michael Saylor in roughly 48 hours. Behind the rally sits a much bigger story: $40 trillion in US debt, Treasury intervention, potential yield curve control and growing pressure to debase the dollar. Arthur Hayes says explicit yield curve control could send Bitcoin straight toward $500,000, while even Ray Dalio is pointing investors toward hard money.
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