U.S. Government: Transfers $297M Seized Bitcoin
U.S. Government shifts $297M seized crypto with 2,875 BTC to fresh wallets and Coinbase Prime deposits while BTC trades at $62070 amid bearish signals.
SourceAnalysis
U.S. Government executed multiple transfers totaling ~$297M in seized crypto on July 13 2026, routing 2,875 BTC (~$177.97M) and 925.5 BTC (~$57.27M) to fresh addresses plus 30,007 ETH (~$53.09M) and 140.2 BTC (~$8.78M) into Coinbase Prime custody.
Price action on the 4h chart shows BTC at $62070.05 testing the lower Bollinger band support of $62183.34 while the EMA50 at $63143.28 and EMA200 at $63795.2 act as overhead resistance; the MACD death cross at -250.77 reinforces downside momentum even as RSI at 33.09 remains neutral, suggesting any near-term bounce in BTC price prediction models will likely stall at the 50-EMA before continuation lower.
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