Bitcoin's value dropped by 2%, plunging to $93,522, amidst reports that the US Department of Justice has the legal go-ahead to sell 69,370 Bitcoin.
The anticipated large-scale sell-off of BTC by the Department of Justice could increase supply in the market, potentially driving down prices further. This raises the pressing question of whether Bitcoin might fall to $10,000 in the wake of this unloading.
With significant market implications, traders and investors are closely watching for further developments concerning this potential sale and its impact on Bitcoin's price trajectory.
