ATTENTION
The Biden administration received APPROVAL to SELL the #Bitcoins from Silk Road. How would this affect the #crypto market?
The btc that the U.S. can now SELL is approximately 69K btc and is valued at $6.5B.
It is noteworthy that JUST as Trump is about to take office, who wants to create a Strategic Reserve of $BTC , the current administration receives permission to SELL.
In any case, that sale could be QUICKLY ABSORBED by buyers.
The case of Germany selling at $50K is a clear example.
Additionally, ONLY in 2024, #Bitcoin received $379B of new liquidity.
Bukele, the president of El Salvador, stated that if the U.S. sells, Bitcoin could be PURCHASED at a DISCOUNT.
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