US Edition
Bitcoin Falls After Treasury Secretary Rules Out Buying It for Strategic Reserve
8 Articles
8 Articles
Bitcoin dives under $120,000 following Scott Bessent's statements. What should be expected from the market in the next few days? The Bitcoin article falls after Scott Bessent's announcements appeared first on Cointribune.
US Treasury Sec says no BTC buys for Strategic Bitcoin Reserve
US Treasury Secretary Scott Bessent confirmed a disappointing quantity of US government bitcoin (BTC) holdings this morning, putting the number at “$15 to $20 billion” — some way short of prior estimates exceeding $23 billion. He also said the US government is probably not going to purchase more BTC for its Strategic Bitcoin Reserve (SBR), dashing hopes of millions of investors. Bessent dropped the bombshell in response to a question from Fox TV…
The US Treasury Secretary announced that the country has no plans to purchase Bitcoin (BTC) and that existing reserves are comprised of seized assets. Speaking to Fox Business, US Treasury Secretary Scott Bessent stated that the US's Bitcoin reserves are approximately… Treasury Secretary Speaks: Is the US Considering Buying Bitcoin? i...
Cointelegraph
Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin drops below $119K after US Treasury secretary rules out new BTC buys
Bitcoin tanked below the key $120,000 support level following comments from the US Treasury secretary signaling no incoming Bitcoin purchases by the US government.
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