The U.S. Treasury has temporarily suspended plans for a sovereign wealth fund as the government prioritizes addressing immediate financial obligations. Secretary Janet Yellen announced the decision on May 24, shifting focus to current fiscal priorities such as debt limit actions. This pause, while impacting long-term investment strategies, is not expected to have an immediate impact on cryptocurrency markets. The announcement follows discussions initiated by a White House spokesperson, with no official action until now. Market responses have been neutral, as key industry figures haven’t linked Yellen’s statement to cryptocurrency impacts. 1 On-chain data reveals minimal changes in Bitcoin or Ethereum activity and lack of major statements from crypto influencers.