Bitcoin has surged past $80,000, reaching its highest level in three months. The rally is driven by a weakening US dollar and US Treasury measures to stabilize the bond market, which have renewed investor interest in alternative assets like cryptocurrencies and gold. Analysts note that the Treasury’s move to buy back long-dated bonds has revived the "debasement trade," prompting investors to seek hedges against currency volatility. Meanwhile, in Nigeria, users are increasingly turning to centralized conversion platforms to mitigate risks associated with informal peer-to-peer crypto transactions.