Is the Ministry of Finance's wallet finally loosening up?

The latest data is quite interesting— the cash balance in the U.S. Treasury General Account (TGA) has rarely seen a decline. The figures from November 19 show that the account balance dropped from $959 billion to $925 billion, evaporating $34 billion directly.

This change is not small. The decrease in TGA balance means that the Treasury has spent money, increasing the amount of dollars circulating in the market. For the crypto world, improved liquidity is often a positive signal—after all, with more money, there is a possibility for funds to flow into risk assets.

Of course, this is just the beginning. Whether TGA will continue to decline in the future still depends on the actions of the Treasury.