🇺🇸 U.S. Treasury Signals No Gold Reserve Reassessment – Bitcoin Sales Halted
According to PANews, Treasury Secretary Besent said the U.S. is unlikely to reassess its gold reserve holdings, reaffirming gold’s role as a long-term store of value.
💡 Key Points:
Gold stays put → No plans to review or sell U.S. gold reserves.
Bitcoin reserves → Estimated at $15–20B in value; sales will be paused.
Interest rates → No move toward 1.5% rates; initial cuts could be 25 bps, with room for more later.
Housing finance → All options on the table for selling shares in Freddie Mac and Fannie Mae.
📊 Market Implication:
The decision to halt Bitcoin sales could be seen as bullish for crypto sentiment, while keeping gold untouched reinforces its safe-haven status. Interest rate cuts, if gradual, may offer a measured boost to risk assets.