US Treasury’s $12.5 Billion Buyback Fuels Cryptocurrency Rally, but Long-Term Impacts Remain Uncertain

The US Treasury completed a massive $12.5 billion debt buyback, the largest in history. This move injected new capital into the financial system, boosting cryptocurrency prices for the short term by increasing the availability of funds within the market. However, experts are cautious about its long-term impact, as this action usually signals systemic support needs. ]