Bitcoin Price Spikes Above $72K On Treasury-Fueled Short Squeeze

The price of bitcoin early Thursday bolted to a two-month high above $71,000, driving crypto stocks higher. The Treasury Department's Wednesday announcement regarding long-term bond buybacks appeared to spark the rally, further fueled by a massive wave of short liquidations and the Trump administration's commitment to passing crypto regulations. The Commodities Futures Trading Commission today hosts its first Innovation Advisory…