XRP surges as Treasury doubles bond buybacks to $4 billion

XRP is on pace for its strongest weekly performance since late 2024 after the US Treasury announced it would double liquidity-support buybacks for nominal coupon securities from $2 billion to a minimum of $4 billion per operation, effective September 9. XRP climbed from below $1 to intraday levels between $1.30 and $1.60, with estimated weekly gains ranging from 30% to 67% depending on the entry point. A roughly 10.4% one-day increase on August 20 accounted for much of the move. The buyback expansion pushed the 30-year Treasury yield lower after it had reached a 19-year high of 5.337%. Market participants called the policy QE Lite, referring to a market-liquidity effect resembling quantitative easing, while traders also described it as curve control. More than $3 billion in crypto short positions were liquidated, including about $2.75 billion in Bitcoin shorts, as Bitcoin moved above $68,000 and gains spread to Ethereum and other altcoins. XRP whale accumulation accelerated, while ETF holdings approached nearly 1 billion tokens. The recurring $4 billion minimum operations beginning September 9 could make the liquidity support an ongoing market feature rather than a one-time boost.

当サイトの情報はAIを用いて生成されており、正確性を保証するものではありません。 参考情報としてご活用ください。
XRP surges as Treasury doubles bond buybacks to $4 billion - CoinPost Terminal