**Breaking News: US Government Bitcoin Selloff**

- **US Government Action:**

- Transferred 58.472 BTC worth $3.96 million.

- Bitcoin moved to wallet “34tXj..HUXfd” and then to Coinbase Prime.

- Holds 213.239K BTC valued at ~$14.43 billion.

- Selloffs raising concerns among investors about potential price impacts.

- **Market Response:**

- Bitcoin price surged over 1%, crossing $68,200.

- Trading volume increased 84% to $43.79 billion.

- BTC Futures Open Interest rose 2% in 24 hours, indicating strong market confidence.

- **Key Bullish Catalysts:**

- **Donald Trump’s Speech at Bitcoin Conference 2024:**

- Anticipated to boost market sentiment and possibly introduce Bitcoin as a strategic reserve.

- **Spot Bitcoin ETF Inflows:**

- Strong investor interest, reinforcing confidence in Bitcoin’s long-term value.

- **Investor Sentiment and Future Outlook:**

- US government selloffs contribute to market anxiety, potentially reversing the bullish trend.

- Positive factors like Trump's endorsement and robust ETF inflows may counterbalance the negative impact.

- Investors advised to stay vigilant, monitoring selloff activities and positive developments.

- **Recommended Coin to Buy:**

- **$VANRY**:

- Current Price: 0.1255

- Change: -2.48%#BinanceTurns7 #SOFR_Spike #Write2Earn!