The cryptocurrency market continues to be suppressed by the news from the USA. The price of Bitcoin (BTC), which moved upwards after the US inflation data received during the day, turned its direction down with a new news. Silk Road-linked entities are allegedly moving.
New information has come about the Bitcoin (BTC) assets that the US government has seized and sold in the past months. According to on-chain data, 9,000 Bitcoins moved from the respective wallet. Any wallet movement news for the assets that were previously announced to be sold on the US side is considered as selling.
Bitcoin (BTC) price declined to $ 30,400 after this information. The leading cryptocurrency, which has turned its direction up with global economic developments and Spot Bitcoin ETF news, cannot make drastic moves due to the pressures from the USA.
Disclaimer: In accordance with Trust Project guidelines, BeInCrypto guarantees unbiased and transparent reporting on news. This news article aims to provide accurate and up-to-date information. However, readers are advised to independently verify all information and consult a professional before making any decisions based on this context.