⚡ The US government has received permission to sell bitcoins seized from Silk Road. Is it worth panicking?
We're talking about 69,370 BTC worth approximately $6.5 billion.
CryptoQuant: "Last year, around $379 billion of realized capital flowed into the market — that's about $1 billion a day. Even if the US government sells BTC worth $6.5 billion, the market can absorb that amount in just a week."
President of El Salvador: "Such a sale could create a great opportunity to buy bitcoin on the dip."