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CRYPTO

Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally

CoinDeskThursday, August 20, 2026 at 4:10 AM

RedScroll Brief

Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
Image via CoinDesk

Every major except tron posted double-digit weekly gains, with nearly $1. 4 billion of short positions wiped out after the Treasury doubled its bond buybacks.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Every major except tron posted double-digit weekly gains, with nearly $1. 4 billion of short positions wiped out after the Treasury doubled its bond buybacks. Watch liquidity and volatility around Bitcoin and Ether — crypto markets reprice narrative risk quickly.

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Every major except tron posted double-digit weekly gains, with nearly $1. 4 billion of short positions wiped out after the Treasury doubled its bond buybacks.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and Ether — crypto markets reprice narrative risk quickly.

More on

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Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.