Bitcoin and XRP Price Prediction as China Calls on Banks to Sell US Treasuries
The post Bitcoin and XRP Price Prediction as China Calls on Banks to Sell US Treasuries appeared on BitcoinEthereumNews.com.
Bitcoin and XRP prices showed stability on Monday as China advised its banks to reduce exposure to US Treasuries. Bitcoin price hovered around $70,000, recovering from last week’s downturn driven by global financial concerns. Over the weekend, XRP moved steadily, around the $1.40 mark. Ethereum had also been robust as it stood over $2,000. The wider crypto market was cautiously optimistic, responding to tensions of the geopolitical environment. China Urges Major Banks to Cut U.S. Treasury Holdings Chinese regulators have recently directed major domestic banks to begin reducing their exposure to U.S. Treasury bonds. The shift is motivated by issues of volatility and risks of excessive holding of U.S. government securities in the market. The financial institutions that have a lot of U.S. debt are being encouraged to reduce those positions in stages. BREAKING: China has told domestic banks to stop adding and begin reducing exposure to U.S. Treasuries. This removes a steady source of foreign demand for U.S. government debt. Lower external demand for Treasuries can push yields higher and increase U.S. borrowing costs over… pic.twitter.com/riloI93nd9 — Bull Theory (@BullTheoryio) February 9, 2026 This directive is said not to concern the official state holdings of China but has been directed to part of the biggest commercial banks of the country. It is claimed that the guidance was published prior to the phone call between the U.S. President Donald Trump and Chinese President Xi Jinping last week. In the same call, Trump affirmed that he will be coming to China in April. The statistics indicate that direct ownership of U.S. Treasuries by China has dropped to 682 billion a 17 year low compared with a high of approximately 1.3 trillion. After the report, the 10-year Treasury yields increased marginally to 4.24 indicating that the markets reacted to the declining foreign…
Filed under: News - @ February 9, 2026 11:20 am