Bitcoin Magazine CEO: The U.S. Department of Justice may sell BTC against the President's wishes, leading to recent price pressure

2025-03-10 11:43:11
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ChainCatcher news, Bitcoin Magazine CEO David Bailey posted on social media, "If the U.S. Department of Justice has been hastily liquidating the Bitcoin held by the U.S. government (against the President's wishes) within three months of obtaining court approval, then the recent price movements of Bitcoin can be explained." This suggests that government sell-offs may be a significant reason for the recent pressure on Bitcoin prices.

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