In brief Bitcoin gained 23.2% over seven days as gold climbed and the dollar weakened. The Treasury said it would at least double planned purchases of longer-term government debt. Analysts said sustained pressure on the dollar and long-term Treasuries would strengthen the case for a fiscal-credibility trade. Bitcoin gained 23.2% over seven days as gold climbed and the dollar weakened, reviving the “debasement trade”–-buying scarce assets to protect against inflation and the declining purchasing power of currencies such as the dollar.Bitcoin broke out of a weeks-long $62,000-to-$67,000 range after the U.S. Treasury announced expanded buybacks of long-dated bonds, climbing above…

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