https://www.live-feeds.com/feed/scott-bessent-just-kicked-the-bitcoin-debasement-trade-into-another-gear-chart-of-the-dayContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/scott-bessent-just-kicked-the-bitcoin-debasement-trade-into-another-gear-chart-of-the-dayhttps://www.live-feeds.com/feed/scott-bessent-just-kicked-the-bitcoin-debasement-trade-into-another-gear-chart-of-the-day#u47527Mon, 24 Aug 2026 12:02:38 +0000Bitcoin's price has surged above $75,000 for the first time since May, driven by a crypto market rally. The recent surge is attributed to various factors, including institutional demand, short covering, and progress on the Clarity Act. The rally has also been fueled by a Treasury announcement that sparked a rally in gold and bitcoin.Why it mattersThe recent surge in bitcoin's price is significant as it marks a major milestone for the cryptocurrency. The crypto market has been experiencing a resurgence in recent weeks, with bitcoin and gold seeing significant gains. The Clarity Act an