U.S. Government's $1B Bitcoin Transfer Spooks Investors, Bitcoin Dips

U.S. Government’s $1B Bitcoin Transfer Spooks Investors, Bitcoin Dips

PeckShield published its findings on Twitter early Wednesday morning, and investors were quick to notice. In the hours after the report’s release, investors expressed their fears that authorities would sell the recovered bitcoin on the open market, potentially tanking the price of bitcoin, which has recovered from its two-year low of roughly $15,500 in November. The concerns caused bitcoin’s price to dip roughly 2%, pushing it below $22,000.

Continue reading


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend