🚨 CRYPTO EARTHQUAKE 2025: $1 BILLION WIPED OUT IN 24 HOURS! 🚨
The cryptocurrency market just suffered one of the biggest shake-ups of the year — triggered by a shocking U.S. Treasury announcement that rattled traders worldwide.
💥 Here’s What Happened:
U.S. Treasury Secretary Scott Bessent confirmed the government will NOT purchase Bitcoin for the Strategic Reserve. Instead:
🇺🇸 Reserve will be built only from confiscated BTC
Current stash value: $15–$20B
🚫 Government will stop selling its BTC holdings
This bombshell dropped right after Bitcoin hit a new ATH above $124,000 — sparking instant market panic.
📉 The Fallout:
Bitcoin plunged to $118,000 within an hour
$1 BILLION in crypto liquidations in 24 hours (CoinGlass)
Long positions obliterated — $747M wiped out
ETH led with $312M liquidations, followed by BTC ($214M), SOL ($66M), XRP ($56M)
🔥 Why Ethereum Was Hit Hardest
Ethereum was surging toward its own all-time high, attracting massive leveraged bets. When the reversal hit, overexposed traders were wrecked.
🇺🇸 Trump’s Crypto Push Continues
While the Treasury won’t directly buy BTC, President Donald Trump is doubling down on making America the global crypto hub:
📄 Released Digital Assets Report with key policy roadmaps
⚡ SEC launches Project Crypto
🚀 CFTC begins Crypto Sprint
📊 Current Market Snapshot:
BTC: $118,200 (-2% past 24h)
ETH: Testing ATH resistance
Altcoins: Volatile, high liquidation pressure
💬 Your Turn:
Is this a healthy shakeout before $BTC hits $150K — or the start of a deeper correction?
Comment your price target & strategy below!
#Bitcoin #Ethereum #MarketTurbulence #REVABinanceTGE