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1% of BTC was announced that it wouldn't be sold and the market falls
US gov's 200k BTC now won't be sold. This is about 1% of all the BTC (probably way more as a % with all the lost unrecoverable coins) and yet the market falls as expectations were they would plough billions into buying more. This was never going to happen as it would pump the price. We might not see 70s again. But it's a monumental move. submitted by /u/EquivalentNo8965 [link] [comments]
US gov's 200k BTC now won't be sold. This is about 1% of all the BTC (probably way more as a % with all the lost unrecoverable coins) and yet the market falls as expectations were they would plough billions into buying more. This was never going to happen as it would pump the price.
We might not see 70s again. But it's a monumental move.
[link] [comments]
