#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

$ETH led liquidations with $312M, followed by BTC at $214M

$SOL and $XRP also saw heavy hits ($66M & $56M liquidations)

🔥 Why ETH Took the Biggest Hit

Ethereum’s price was charging toward its own ATH, attracting massive leveraged bets. The reversal left overexposed traders in ruins.

🇺🇸 The Bigger Picture – Trump’s Crypto Push

While the Treasury avoids direct BTC buys, President Donald Trump is doubling down on making the US the crypto capital of the world:

📄 Released the Digital Assets Report with major policy recommendations

⚡ SEC launches Project Crypto

🚀 CFTC begins Crypto Sprint

This means the US is regulating for growth, even if it’s not buying BTC right now.

📊 Current Market Snapshot

BTC: $118,200 (-2% past 24 hour)

ETH: Testing resistance near ATH

Altcoins: Choppy with high liquidations