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It's not a coincidence! Bitcoin's value dropped because the US government moved around $2 billion worth of Bitcoin. They took a lot of Bitcoin connected to the Silk Road, an illegal online marketplace. The Silk Road sold illegal stuff and used Bitcoin for transactions. It got shut down in 2013, but the government kept seizing its assets. In 2021, they found more Bitcoin during a raid on someone involved with the Silk Road. Now, the government is selling the seized Bitcoin. They sold some in March 2023 and made $216 million. This disrupts illegal activities and adds Bitcoin to the government's stash. This affects the crypto community and markets because big Bitcoin movements can change prices. Even though it's a lot of Bitcoin being sold, the market is big enough to handle it.

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