The U.S. Treasury plans to raise the Treasury General Account (TGA) balance to approximately $900 billion by the end of June and to about $1 trillion by the end of July. Analysts believe that replenishing the TGA will drain liquidity from the financial system. Meanwhile, the current U.S. Reverse Repo Program (RRP) balance has dropped from its 2022 peak of over $2.5 trillion to less than $100 billion. Future bond issuance may further deplete bank reserves, putting pressure on risk assets like Bitcoin. (CryptoSlate) https://(wublock123.com)/news/us-treasury-plans-raise-tga-balance-to-1-trillion-62374