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From Record High to Rapid Fall: US Treasury Shocks Bitcoin Market TLDR Bitcoin fell below $119,000 after the US Treasury Secretary said there would be no new Bitcoin purchases for the reserve. The cryptocurrency dropped from an all-time high of $124,457 earlier in the day to $118,730 within hours. US Treasury Secretary Scott . The US national debt reached $37 trillion, which could influence Bitcoin demand as a hedge against inflation. The policy shift ended speculation that the US Treasury would expand its strategic Bitcoin reserve using alternative funding sources. Bitcoin dropped sharply on Thursday after the US Treasury Secretary ruled out new purchases for the national Bitcoin reserve. The cryptocurrency fell below the $120,000 support level within hours of hitting an all-time high earlier in the day. Market sentiment shifted quickly following remarks that confirmed no additional acquisitions would be made. stood between $15 billion and $20 billion at current prices. In March, Bessent supported halting the sale of seized Bitcoin and adding it to the national reserve. He argued that keeping Bitcoin onshore would strengthen the US position in the global cryptocurrency market. The US Treasury adopted this stance while maintaining regulatory oversight of digital assets. White House AI and crypto adviser David Sacks described the reserve as “a digital Fort Knox for cryptocurrency.” He said coins placed in the reserve would serve as a store of value. The US Treasury’s refusal to expand purchases tempered earlier enthusiasm from administration officials. In April, adviser Bo Hines said the government explored funding Bitcoin acquisitions through tariff revenues and gold certificate reevaluations. These proposals fueled speculation about significant expansion of the reservever, the US Treasury’s latest position effectively halted those expectations. Market Reaction and Economic Context Bitcoin price traded at $118,730 after the announcement, falling from the day’s record of $124,457. The drop came hours after Bitcoin briefly surpassed Google’s market

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$SKL 🚨 $SKL /USDT — GOLDEN BLAST LOADING! 🚨🔥📈 Guyzzz, Take Profits: TP1 @ $0.0500, TP2 @ $0.0540, TP3 @ $0.0575 📊 Market Sentiment: Ultra bullish — 83.01% gains in 30 days, rising volume, and momentum screaming higher. ⏳ Hurry up guyzz and buy at least $1000 of SKL now to get a good profit! This is the kind of setup that turns small investments into big wins. 👉 Click here to buy $SKL now and buy at least $1000 to get a good profit — the rocket is about to launch, and you need to be onboard! 🔥 Follow me for more updates and daily profit-making setups that can change your portfolio forever!#Write2Earn #SKL #bullish #BullRunAhead #BinanceSquareTalks #BinanceSquareFamily

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$SKL 🚨 $SKL /USDT — GOLDEN BLAST LOADING! 🚨🔥📈 Guyzzz, this is a golden chance — don’t miss it or you will regret later! The SKL chart is exploding with power, smashing through $0.04349 with an insane 45.45% pump in just 24 hours! Volume is surging with 2.59B SKL traded, and the breakout level at $0.05040 is the key to unlocking a massive profit wave. I think you should buy SKL now because it is going to give you great profit in the future. The 15m chart shows a strong bounce from $0.0439, and if we clear $0.05040, the next stop is $0.0540–$0.0575. This move could easily turn into a parabolic rocket ride! 🚀 💰 My Recommendation: Buy at least $1000 on now for a strong position. Entry after breakout confirmation: $0.0445 Stop Loss: $0.0420 Take Profits: TP1 @ $0.0500, TP2 @ $0.0540, TP3 @ $0.0575 📊 Market Sentiment: Ultra bullish — 83.01% gains in 30 days, rising volume, and momentum screaming higher. ⏳ Hurry up guyzz and buy at least $1000 of SKL now to get a good profit! This is the kind of setup that turns small investments into big wins. 👉 Click here to buy $SKL now and buy at least $1000 to get a good profit — the rocket is about to launch, and you need to be onboard! 🔥 Follow me for more updates and daily profit-making setups that can change your portfolio forever! #SKL #bullish #BullRunAhead #BinanceSquareTalks #BinanceSquareFamily

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