US Government Transfers $2.1B Seized Bitcoin to Coinbase: Could BTC Price Dip to $60,000?
The US Government has reportedly transferred 30,174 Bitcoin, valued at approximately $2.1 billion, to Coinbase, raising questions about potential market impacts. This move is part of a pattern of government sales of seized Bitcoin, including a previous $1 billion transfer, with implications for the cryptocurrency market and Bitcoin’s price. According to the wallet database Arkham […