šŗšø The U.S. Government just got the green light to sell 69,370 Bitcoin (worth about $6.5 billion) that it seized from the infamous Silk Road.
Now, before you panic, here's a fun fact: in the past, these sales didnāt directly tank the price because they were handled off the market (OTC). But hey, we all know how the crypto crowd loves a good freakoutāso temporary price drops could happen.
For context, Uncle Sam is sitting on a whopping 197,000 BTC right now, worth around $18.6 billion. Letās just hope they donāt dump it all at once! š
#Bitcoin #BTC #CryptoNews #USGovernment #SilkRoad #CryptoMarket #BitcoinDump #CryptoPanic #HODL #Cryptocurrency #CryptoTrading #BTCPrice #CryptoCommunity