XRP rose 51% to $1.50 since Monday, putting it on track for its strongest weekly performance since November 2024, after the U.S. Treasury said it would buy back at least $4 billion of its own 10- to 30-year, off-the-run nominal coupon bonds on multiple occasions from September 9 to November 4. The amount doubles the previous $2 billion cap. Treasury officials described the program as liquidity management rather than formal quantitative easing, while markets speculated it could evolve toward yield-curve control, or YCC, in which bond purchases cap longer-term yields. The rally spread across crypto assets and was amplified by the liquidation of nearly $2 billion in short futures positions, although XRP remained well below its $3.65 record high and a sustained bullish trend had not been established.