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

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CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
August 20, 2026
Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally

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.