Bitcoin Magazine CEO: The US Department of Justice may sell Bitcoin against the President's wishes, causing recent pressure on Bitcoin prices
Bitget2025/03/10 03:45
Bitcoin Magazine CEO David Bailey posted on social media, "If the U.S. Department of Justice has been hastily liquidating the Bitcoin held by the U.S. government within three months after obtaining court approval (against the president's wishes), then this can explain Bitcoin's recent price trend." This implies that government sell-offs may be a significant reason for the recent pressure on Bitcoin prices.
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