Key Takeaways Bitcoin rose from about $62,653 to a $79,461 high, trading near $77,000 on Aug. 21. CME and Binance held about $20.37 billion of bitcoin futures open interest, amplifying market risk. Jackson Hole, Treasury yields and Aug. 22 bitcoin options expiry are the next key tests. The session offered some breathing room after a bruising stretch in which rising long-term Treasury yields repeatedly hammered stocks lower. The Nasdaq Composite climbed 104.12 points, the NYSE Composite gained 194.68 points, the Dow Jones Industrial Average ripped 517.84 points higher, and the S&P 500 tacked on 32.83 points during Friday’s trading session. …


