Watcher.Guru first noted a key statement from U.S. Treasury Secretary Scott Bessent—"We will not buy Bitcoin to hold for the government, instead we will rely on seized assets and stop selling." This clip, shared by Watcher.Guru on X, triggered a swift change in cryptocurrency sentiment.
Shocking Policy: Government Stops Buying Bitcoin
In the video clip shared by Watcher.Guru, Secretary Bessent clarified that the U.S. Treasury would not purchase additional Bitcoin for its so-called strategic reserves. Instead, the government plans to conserve its existing Bitcoin, primarily from previous seizures, and will stop further sales.
This announcement directly undermined rumors of institutional or government buying driving sustainable demand.
Ripple Market: The Widespread Decline of Cryptocurrency
The market reacted quickly. Bitcoin, which had previously surged to around $124,000—a new record high thanks to inflows from institutions and pro-crypto policies—dropped back to around $119,000 as traders became aware of the event's implications.
Meanwhile, other major coins are also following suit. Ethereum is slightly down, while altcoins, including XRP, are under stronger downward pressure.
Why XRP Decreased the Most
As of the time of reporting, XRP is trading at around $3.13, down nearly 4 percent on the day, compared to a previous high of around $3.34.
XRP's sharper decline stems from its position as a speculative altcoin—not a "store of value" positioned by policy like Bitcoin. Market participants quickly withdrew from riskier investments amid rising uncertainty.
With XRP's price heavily influenced by sentiment, ETF speculation, and legal stories, the halt in new demand driven by policy has accelerated profit-taking activity.
Temporary Retreat or Repricing?
This policy disclosure removes a pillar of short-term demand for Bitcoin and, by extension, speculative capital, pushing risks lower in the cryptocurrency hierarchy. XRP may continue to be volatile until new catalysts emerge—such as regulatory clarity, ETF approval, or strong adoption signals. Meanwhile, Watcher.Guru's video remains the primary reference for understanding this dynamic shift in government attitude towards cryptocurrency reserves.
