THIS IS WHY YOUR CRYPTO BAGS ARE DUMPING

It's not due to quantum FUD.

It's not due to the Fed being hawkish.

The biggest reason is the liquidity crisis.

As of now, a massive amount of liquidity has been drained by the US Treasury to refill its TGA account.

In the past month, Treasury has sucked out almost $150 billion from the economy.

Now add an already weakening economy on top of a liquidity crisis, and we have a perfect recipe for risk-on asset underperformance.

And crypto is not the only thing that is being sold off.

All the Mag7 stocks have been down YTD in 2026, with a few of them down 12%-15% this year.

So, does that mean the dump will continue?

Well, the TGA balance is already at $922 billion, and this has been the ceiling since the 2020 pandemic ended.

So until a pandemic or WWIII starts, the next step will be the TGA balance going down, which will inject liquidity back into the market.

On top of that, $150 billion in tax refunds will hit the market by March,