$BTC
💥US Government Moves $1.92 Billion in Bitcoin💥
👉The U.S. government moved $1.92 billion worth of Bitcoin.
mostly from Silk Road seizures, into new wallets.
with $963 million sent to Coinbase, potentially for sale.
This raised concerns that President Biden might sell
the Bitcoin to hinder President-elect Trump's plan
to establish a U.S. Bitcoin Reserve using government holdings.
Despite initial market dips, Bitcoin prices recovered quickly, showing resilience. Historically, government sell-offs
have caused short-term drops but led to long-term growth.
The crypto community remains optimistic,
supported by continued institutional buying from firms like MicroStrategy.