{
  "id": 2514714,
  "title": "Bitcoin Set For Biggest Weekly Gain In 3 Years As Bond Yields Fall, ETF Inflows Surge",
  "url": "https://urgent.news/2026/08/22/bitcoin-set-for-biggest-weekly-gain-in-3-years-as-bond-yields-fall",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T06:07:00.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/nclt-admits-reliance-entertainment-studios-into-insolvency-over-1194-crore-film-financing-default"
  },
  "original_language": "en",
  "account": null,
  "summary": "Bitcoin is poised for its biggest weekly gain in three years, driven by falling long-term US bond yields, increased institutional demand, and renewed market optimism. The cryptocurrency climbed as much as 9.4% and was trading near $77,500, marking a 23% weekly increase that could surpass the biggest seven-day gain since March 2023. The rally was triggered by US Treasury Secretary Scott Bessent's announcement of a doubling of purchases of longer-dated bonds, which led to lower long-term yields and encouraged investors to seek riskier assets. Additionally, a surge in short-position liquidations, amounting to nearly $2.5 billion in leveraged bearish Bitcoin positions and $4.5 billion across cryptocurrencies, further fueled the rally. US-listed spot Bitcoin ETFs are also attracting significant inflows, with the 13 funds attracting over $1 billion this week, as investor confidence improves following a meeting between US President Donald Trump and cryptocurrency industry executives, who urged the Senate to advance the Clarity Act for digital assets regulation. Despite the rally, Bitcoin remains well below its record high of over $126,000 reached last October, highlighting the cryptocurrency's ongoing volatility.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}