BTC.NZ is trading 8.12% up at NZD 2.74 after Bitcoin’s August 21 rally lifted crypto-linked assets.
- Bitcoin gained 6.75% on August 21, supported by renewed optimism around the CLARITY Act.
- Larger Treasury bond buybacks and more than $1 billion in bearish-position liquidations also supported the rally.
- Bitcoin is only 0.70% higher since the latest close, so the ETF’s larger move mainly reflects a delayed reaction.