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coinpedia 2024-04-03 05:26:20

Big Move Ahead? Reports Hint at Potential $2 Billion Bitcoin Sell-Off by US Authorities

The post Big Move Ahead? Reports Hint at Potential $2 Billion Bitcoin Sell-Off by US Authorities appeared first on Coinpedia Fintech News The cryptocurrency market experienced a sudden drop yesterday, with Bitcoin plummeting over 5% to trade around $66,000. This decline coincided with another event as a U.S. government-linked wallet transferred 30,175 bitcoins, reportedly seized from the Silk Road dark web marketplace. What has sparked debate and speculation is the timing of this transfer and its effect …

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