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7/29/2024 4:50:23 PM

BTC Reaches $70K Amid Potential U.S. Government Sell-Off

BTC Reaches $70K Amid Potential U.S. Government Sell-Off

According to @ai_9684xtpa, Bitcoin has again reached the $70,000 mark. However, there is concern as the U.S. government recently transferred $2 billion worth of BTC to a new address. This transfer involved 29,800 BTC from an address holding tokens seized from Silk Road in November 2020. The last similar transaction occurred four months ago. This movement could indicate a potential sell-off or merely a routine transfer, as there was another wallet transfer on April 2. Traders should monitor the situation closely for further developments.

Source

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references