đ **Bitcoin Dips to $59K as US Government Moves BTC!** đ
Bitcoin took a 2.5% dip on Wednesday, landing at $59,100 after the U.S. government shifted more of its Silk Road-affiliated BTC holdings to Coinbase Prime. đ
Arkham Intelligence flagged this move, noting that 10,000 BTC worth $593 million was transferred. The U.S. government still holds a whopping 203,239 BTC, valued at $12 billion. đŒ
This BTC stash was initially seized from the Silk Road hacker in 2021, marking the largest financial seizure ever by the DOJ, only to be surpassed by the Bitfinex hack seizure later. đ”ïžââïž
Despite market fluctuations, Bitcoin enthusiasts remain optimistic about its long-term potential. đ
