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Bitcoin Cointelegraph

Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.

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

Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.

Why this matters

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

Original source

Read on Cointelegraph

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