The People's Bank of China (PBOC) conducted a 7-day reverse repurchase operation totaling 17.71 billion yuan on December 25, 2025. Both the bidding and winning amounts matched at 17.71 billion yuan, with the interest rate maintained at 1.40%, consistent with previous levels. This move is part of the PBOC's ongoing efforts to manage liquidity in the financial system, though its direct impact on cryptocurrency markets remains uncertain.