US Government’s $6.5B Silk Road Bitcoin Liquidation To Rattle the Market

Description

The US government approved selling 69,370 BTC seized from Silk Road, worth $6.5 billion. Traders adjust positions as DOJ plans Bitcoin sale, sparking market volatility. Peter Schiff suggests selling seized BTC could reduce the US budget deficit. The U.S. government has secured approval to liquidate 69,370 Bitcoin seized from the Silk Road marketplace. Worth about $6.5 billion, the move has raised fears in the crypto market as traders speculate on the potential impact of such a sale. [BREAKING] T...