#MarketTurbulence
CRYPTO EARTHQUAKE: $1 BILLION LIQUIDATED IN 24 HOURS! 🚨
The crypto market just witnessed one of the biggest shake-ups of 2025 — and it all started with a single announcement from the US Treasury.
💥 Here’s the full story:
US Treasury Secretary Scott Bessent just confirmed the government will NOT be buying Bitcoin for the Strategic Reserve. Instead:
🇺🇸 They’ll build the reserve only from confiscated BTC
Current stash value: $15–$20 billion
🚫 They will stop selling their Bitcoin holdings
This statement hit the market at the worst possible time — right after BTC smashed a new all-time high above $124,000.
📉 The Result? Chaos.
$BTC price plunged to $118,000 within hour
$1 BILLION in crypto liquidations in 24h (source: CoinGlass)
Long positions were crushed — $747M wiped out