#MarketTurbulence
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.
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
