Bitcoin recorded its best week since March 2024, surging from under $64,000 to above $77,000, a gain of over 20% in five sessions, driven by Scott Bessent’s announcement doubling long-term US debt buybacks and Donald Trump’s meeting with crypto industry leaders regarding the Clarity Act. The US Treasury also released the stablecoin rules mandated by the GENIUS Act, opening a 60-day public comment period before implementation. In France, a couple in Landes was kidnapped for their bitcoins, with 77 similar cases reported since January. Meanwhile, US public debt crossed the $40 trillion threshold, and a trader lost $24 million in 12 seconds on Hyperliquid.
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