Published Aug 19, 2026, 2:53 PM ET · Updated 3 months ago · 2 sources

THE BLOCK: bitcoin:native climbed to $69,000 for the first time in two months while ethereum:native reclaimed $2,000 as crypto markets rallied after the Treasury doubled certain longer-dated bond buybacks and the SEC proposed a new crypto offering framework. The rally triggered nearly $2 billion in liquidations over 24 hours and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10% and Fold, BitGo and American Bitcoin rising even more. $MSTR $BMNR

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Original Report

THE BLOCK: bitcoin:native climbed to $69,000 for the first time in two months while ethereum:native reclaimed $2,000 as crypto markets rallied after the Treasury doubled certain longer-dated bond buybacks and the SEC proposed a new crypto offering framework. The rally triggered nearly $2 billion in liquidations over 24 hours and lifted crypto-linked stocks, with Strategy and Bitmine gaining around 10% and Fold, BitGo and American Bitcoin rising even more. $MSTR $BMNR