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Bitcoin Price Faces 210,000 BTC US Government Sales Tsunami, Buy Bitcoin BSC ($BTCBSC) After it Raises $5m As The Best Alternative?

The Bitcoin price funk could be about to get a lot worse if the US government starts selling BTC to run down its balance of 210,000 coins – but Bitcoin alternatives like Bitcoin BSC could be the beneficiaries. The US gov...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Price Faces 210,000 BTC US Government Sales Tsunami, Buy Bitcoin BSC ($BTCBSC) After it Raises $5m As The Best Alternative?
The Bitcoin price funk could be about to get a lot worse if the US government starts selling BTC to run down its balance of 210,000 coins – but Bitcoin alternatives like Bitcoin BSC could be the beneficiaries.
The US government is the largest sovereign holder of Bitcoin globally. According to data and analytics site Glassnode, the US government holds 210,429 BTC. ...
Read More: Bitcoin Price Faces 210,000 BTC US Government Sales Tsunami, Buy Bitcoin BSC ($BTCBSC) After it Raises $5m As The Best Alternative?

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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