U.S. Treasury Withdraws Billions, Impacting Crypto Liquidity

The U.S. Treasury is preparing to withdraw up to $600 billion in assets over the next two months to replenish its General Account. This move could impact cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC), as it tightens market liquidity. Without established buffers such as reverse repos and strong overseas bond demand, the withdrawal presents a greater risk of significant market volatility.