Aug 14, 2025
From Record High to Rapid Fall: US Treasury Shocks Bitcoin Market
TLDR Bitcoin fell below $119,000 after the US Treasury Secretary said there would be no new Bitcoin purchases for the reserve. The cryptocurrency dropped from an all-time high of $124,457 earlier in the day to $118,730 within hours. US Treasury Secretary Scott Bessent confirmed that existing Bitcoin holdings will be kept, but no additional acquisitions [...]
The post From Record High to Rapid Fall: US Treasury Shocks Bitcoin Market appeared first on Blockonomi.
Source: Blockonomi →Related News
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