Bitcoin Magazine CEO: The U.S. Department of Justice may sell Bitcoin against the president's wishes, causing recent pressure on Bitcoin prices
David Bailey, CEO of Bitcoin Magazine, posted on social media, "If the US Department of Justice continues to hastily liquidate the bitcoins held by the US government within three months of obtaining court approval (against the president's wishes), then the recent price trend of Bitcoin can be explained." This implies that government selling may be an important reason for the recent pressure on Bitcoin prices.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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