*"Bitcoin Plunges as US-Moved 30,000 BTC Sparks Selling Frenzy: Trump's Statement Triggers Market Panic"*๐Ÿšจ๐Ÿšจโ€ผ๏ธโ€ผ๏ธโ€ผ๏ธโ€ผ๏ธโ€ผ๏ธโ€ผ๏ธโ€ผ๏ธ๐Ÿšจ๐Ÿšจ๐Ÿ“‰๐Ÿ“‰๐Ÿ“‰

In a shocking move, approximately 29,799 Bitcoins (BTC), worth around $2 billion and previously seized from the Silk Road operation, were transferred from a US-controlled wallet to a new address. The transaction, which took place on July 30, 2024, at 19:18 Turkish time, has sparked widespread concern among investors, leading to a sharp decline in Bitcoin's value.

The transferred BTC was divided into two separate addresses, with a negligible amount sent to one and the vast majority to the other. This significant move is believed to be for sales purposes, causing panic among investors and driving the price down. Bitcoin's value plummeted below $67,000, hitting a low of $66,868.

Notably, this development comes on the heels of Donald Trump's statement on Saturday, where he declared that if elected, he would retain all US-controlled BTC, approximately 200,000, including the Silk Road $BTC , and hold it as a reserve asset. This unexpected transfer has raised concerns about the potential impact on the cryptocurrency market.

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