Breaking: Bitcoin Price Slumps to $110K on US Government's 667 BTC Move Jitters

667 BTC Transferred by U.S. Authorities as Market Sinks

The U.S. government transferred a total of 667.6 BTC, worth approximately $75 million, to a newly created blockchain wallet. In a period of shaky stability in the cryptocurrency market, this transaction comes at a time of uncertainty among digital assets investors. On-chain a

U.S. Government Moves 667.6 Bitcoin (BTC) to Fresh Wallet: Details

The U.S. government moved 667.624 Bitcoin (BTC), roughly $74–75 million, into a fresh wallet on Tuesday, according to on-chain sleuthing from Arkham Intelligence. The transfer, which Arkham flagged to the market, shows the coins sitting in the new address (bc1q5l4uhuqxw7s86tjqxaf0t7zf02d5hyv8zv9tmq) with no subsequent outflows reported in the minutes after the transaction. That single move reignited chatter across trading desks and crypto chatro…

US Government Moves 667 Bitcoin from Seized HashFlare Funds - The Blockopedia

US Government Transfers Seized Bitcoin Assets Recent blockchain data shows the United States government has moved a significant amount of… The post US Government Moves 667 Bitcoin from Seized HashFlare Funds appeared first on The Blockopedia.

Bitcoin Price Falls To $110,000 As Institutions Move Millions

Bitcoin price fell from highs near $116,000 to around $110,000 overnight amid major on-chain moves by the U.S. government and BlackRock.

The U.S. Government just moved 667 Bitcoin ahead of Jerome Powell’s Fed speech

The U.S. Government made another sizable crypto move on Tuesday, October 14, transferring 667.6 Bitcoin (BTC), worth nearly $75 million, to two new addresses, according to data Finbold retrieved from Arkham. As historical data suggests transfers such as this often precede sales, the market is speculating that the U.S Government address might soon start dumping the crypto. What’s more, the move comes just days after the president’s exposure to Bi…

Breaking: Bitcoin Price Slumps to $110K on US Government's 667 BTC Move Jitters

The post Breaking: Bitcoin Price Slumps to $110K on US Government’s 667 BTC Move Jitters appeared on BitcoinEthereumNews.com. Key Insghts: US government transferred more than 667 BTC to a new wallet. On-chain analyst IT Tech claimed it’s an internal transfer. The latest move is likely related to the US government’s policy to establish strategic Bitcoin reserve. The US government moved more than 667 BTC to a new wallet on Tuesday. This sparked sp…