The United Kingdom may release $4 billion worth of bitcoins into the market.

The UK possesses $4 billion in BTC reserves, and the new Chancellor of the Exchequer, Rachel Reeves, may opt to liquidate them to finance her economic plans.

Reeves has indicated that she is facing one of the most severe financial situations since World War II, and her objective to "rebuild Britain and improve every corner of the country" will incur substantial costs, rendering the country's BTC reserves an appealing source of funds.

👉 It should be noted that the German government's sale of $3.5 billion worth of bitcoins exerted significant pressure on the market and was a contributing factor in the decline of cryptocurrency prices $BTC