#TrendingTopic #Wrtite2Earn reasons for the fall of bitcoin on Thursday February 28 2024 $🇺🇸 US government moves $922 million of seized Bitcoin

The government’s transfer occurred the same day Bitcoin breached the $60,000 mark for the first time in over 2 years. 👀

The first test transfer, worth only 1 Bitcoin occurred 3:39 pm UTC on Feb. 28. Shortly after, the U.S. government-labeled wallet sent a second transaction worth 2,817 Bitcoin ($172.74 million), a third transaction worth 0.01 Bitcoin ($613.35), and a fourth transaction worth 12,267 Bitcoin ($748.46 million), according to Arkham Intelligence data. 🔄