The Background of the Biden Administration Selling 69,000 Bitcoins!
💰 On Thursday (January 9), the U.S. Department of Justice was authorized to sell 69,000 bitcoins, which were seized from the dark web "Silk Road" in 2020. This move has attracted widespread attention in the market, with many concerned that such a large-scale sale could impact the price of bitcoin.
🔍 However, experts point out that it may take several months from authorization to actual sale, and the market may not be immediately affected. Additionally, this decision by the Biden administration directly contradicts the bitcoin strategic reserve plan proposed by the soon-to-be-inaugurated Trump, which could be seen as a destructive act against that plan. Trump has not yet commented on this.
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