U.S. Government Could sell 69k BTC

Krutika Adani

U.S. Government Set to Sell BTC

  • Bitcoin confiscated from Silk Road hacker.

  • The legal battle over its sale has ended.

Court Ruling Clears the Way

  • U.S. District Court rules in favor of liquidation.

  • Claimants' attempt to block the sale was denied.

Market Impact

  • BTC price is already facing resistance.

  • Selling pressure could push Bitcoin lower.

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