Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow news, March 10 — David Bailey, CEO of Bitcoin Magazine, posted on social media stating, "If the U.S. Department of Justice has been rushing to liquidate the U.S. government's holdings of Bitcoin within three months after obtaining court approval—against the president's wishes—then the recent price movement of Bitcoin becomes explainable." He implied that government selling might be a significant reason for Bitcoin's recent price pressure.
Bitcoin Magazine CEO David Bailey posted on social media, "If the U.S. Department of Justice has been rushing to liquidate the Bitcoin held by the U.S. government over the past three months after obtaining court approval—against the president's wishes—then the recent price movement of Bitcoin makes sense." He implied that government selling could be a key reason for Bitcoin's recent price pressure.
Navigating Web3 tides with focused insights
