US Treasury

The US 30-year Treasury yield touched 5.69% intraday on October 5, the highest since 2002, reflecting market concerns over long-term fiscal deficits and inflation stickiness.

Core Summary The US Treasury announced new sanctions on Iranian cryptocurrency exchange BitBank on September 17, accusing the platform of using the previously sanctioned Hormuz Safe payment channel to transfer cryptocurrency funds collected since June 2026 to Iran’s Islamic Revolutionary Guard Corps. This sanctions action marks a further escalation of US pressure on Iran’s cryptocurrency financial infrastructure and represents the first explicit accusation against a mainstream Iranian domestic crypto trading platform for directly providing funding channels for military organizations. ...

US Treasury Secretary Bessent has publicly addressed bond market turbulence on multiple occasions in recent weeks, attempting to cool surging long-end Treasury yields, but markets have responded coolly. The 10-year Treasury yield remains near key psychological levels, reflecting deep investor anxiety over federal fiscal deficits, the path of monetary policy, and inflation stickiness.

According to Yahoo Finance, U.S. Treasury Secretary Scott Bessent’s public statements this week have driven Bitcoin and gold prices higher in tandem, with markets interpreting this as endorsement of the “debasement trade.” Analysts note that the Treasury’s positive stance on a Bitcoin strategic reserve is reshaping institutional allocation logic for crypto assets, though regulatory uncertainty remains a long-term risk factor. Editor: GoodInfo Global News Team

Core Summary Bitcoin broke through the $70,000 milestone during New York trading on August 19, reaching its highest price since June 2026. Ethereum gained approximately 10% in tandem, indicating broad market recovery. The rally was driven by two main factors: the US Treasury’s accelerated bond buyback program injecting liquidity, and the SEC advancing a crypto regulatory framework proposal that markets interpreted as a signal of clearer regulatory environment. Event Details According to real-time data from CoinDesk and The Block, Bitcoin surged rapidly on the evening of August 19, breaking through the $70,000 psychological resistance level from the $68,000 range, touching near $70,250 at its peak. This marks Bitcoin’s return above the $70,000 threshold after nearly two months. ...

The US Treasury has issued a notice warning that any individual or company paying Iran a ’toll’ for passage through the Strait of Hormuz risks violating US sanctions.