U.S. Treasury Pauses Bitcoin Sales
On Thursday, Treasury Secretary Scott Bessent announced the U.S. government’s Bitcoin reserves—accumulated through law enforcement seizures—are valued at approximately $15 to $20 billion. In a surprise move, the government will halt further sales of its Bitcoin holdings.
The decision to stop selling could reshape Bitcoin’s supply dynamics. With an estimated 275,000 to 360,000 BTC no longer at risk of being sold off, analysts say downward pressure on prices may ease, potentially stabilizing markets and boosting investor confidence.
Crypto traders and global investors reacted swiftly, driving trading volumes higher and sparking renewed debates on institutional involvement in digital assets. For entrepreneurs and tech enthusiasts, this pause signals a maturing dialogue between policymakers and the fast-evolving world of blockchain.
As digital currencies become woven into mainstream finance, the U.S. Treasury’s move offers a data-driven case study on how large-scale holdings can influence market sentiment. For young global citizens and changemakers, it’s a reminder of the growing intersection between policy and innovation in the digital economy.
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U.S. treasury secretary says government to stop selling Bitcoin
cgtn.com
