XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes
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XRP has rallied roughly 50% over the past week, marking its strongest weekly performance since November 2024. The surge appears tied to broader market sentiment around the U.S. Treasury's expanded buyback program, which analysts view as a potential liquidity-sustaining measure that could lower government borrowing costs. This fiscal policy shift has sparked discussion about "curve control" and renewed appetite for risk assets, including cryptocurrencies, as traders reassess market conditions in response to the Treasury's move.
The connection between Treasury operations and crypto sentiment underscores how macro policy decisions can ripple through digital asset markets, even when the direct link remains indirect.
- XRP climbed roughly 50% in a single week, its best performance in over a year.
- The Treasury's expanded buyback program is being credited with boosting broader risk asset sentiment, including crypto.
- Macro policy shifts can significantly influence cryptocurrency market direction even without direct regulatory action targeting digital assets.
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XRP poised for biggest weekly gain in 21 months as Treasury buyback boosts sentiment
The Treasury's expanded buyback could sustain liquidity, lower borrowing costs, and boost risk assets, potentially stabilizing crypto markets. The post XRP poised for biggest weekly gain in 21 months as Treasury buyback boosts sentiment app…
XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes
XRP’s price has surged by 50% this week, the best performance since November 2024. Here's what's driving the rally.