Blockchair's logo

Bitcoin Price Crash Imminent? US DOJ Receives Greenlight To Sell 69,370 BTC Worth $6.58 Billion Bitcoinist 10 hours ago

Bitcoin Price Crash Imminent? US DOJ Receives Greenlight To Sell 69,370 BTC Worth $6.58 Billion 📉

Bitcoin has experienced significant volatility, dipping below the $95,000 mark just after briefly surpassing $100,000. This instability in the market is further exacerbated by US Department of Justice's potential sale of 69,370 BTC, currently valued at $6.58 billion.

This move could potentially flood the market with Bitcoin, leading to a possible impending price crash. The market is keenly observing further developments, as this decision by the US authorities could have a profound impact on Bitcoin’s price trajectory in the near future.

Source: bitcoinist.com ↗

Similar articles (31)

 US cleared to sell $6.5B in Bitcoin — Will it crash BTC price? Cointelegraph 1 day ago
US cleared to sell $6.5B in Bitcoin — Will it crash BTC price?
US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report Cryptonews 22 hours ago
US Govt Cleared to Liquidate 69K BTC Worth $6.5B Seized from Silk Road: Report
$6.5 Billion in Bitcoin Could Hit the Market Soon – Will BTC Fall to $10,000? Cryptonews 23 hours ago
$6.5 Billion in Bitcoin Could Hit the Market Soon – Will BTC Fall to $10,000?
DOJ Greenlights the US Government To Sell Silk Road Seized Funds TheNewsCrypto 22 hours ago
DOJ Greenlights the US Government To Sell Silk Road Seized Funds
US Government Cleared to Sell Silk Road Bitcoin: Will Prices Dump? 99Bitcoins 18 hours ago
US Government Cleared to Sell Silk Road Bitcoin: Will Prices Dump?
Government Prepares Major Bitcoin Sale, Sparking Market Concerns Cointurk 20 hours ago
Government Prepares Major Bitcoin Sale, Sparking Market Concerns
Bitcoin Price Dips After US Government Dumps Silk Road Bitcoin Coinpaper 18 hours ago
Bitcoin Price Dips After US Government Dumps Silk Road Bitcoin
Silk Road: the USA government ready to liquidate 69,000 BTC seized Cryptonomist 17 hours ago
Silk Road: the USA government ready to liquidate 69,000 BTC seized
The 5 Best Cryptos To Buy as DOJ Prepares to Sell $6.5B In Silk Road Bitcoin Newsbtc 1 day ago
The 5 Best Cryptos To Buy as DOJ Prepares to Sell $6.5B In Silk Road Bitcoin
Bitcoin (BTC) Faces $6.5 Billion DOJ Headwind: Impact on Market Analyzed Crypto Daily 15 hours ago
Bitcoin (BTC) Faces $6.5 Billion DOJ Headwind: Impact on Market Analyzed
$6.5 Billion Bitcoin Sale: DOJ to Liquidate Silk Road Assets Crypto Daily 17 hours ago
$6.5 Billion Bitcoin Sale: DOJ to Liquidate Silk Road Assets
DOJ Selling Bitcoin (BTC USD): FUD Or Legitimate? The Coin Republic 23 hours ago
DOJ Selling Bitcoin (BTC USD): FUD Or Legitimate?
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight Insidebitcoins 18 hours ago
US Government Dumps $6.5 Billion Silk Road Bitcoin Stash After DoJ Greenlight
DOJ cleared to sell $6.5B Silk Road Bitcoin – No more U.S. BTC reserve? Ambcrypto 21 hours ago
DOJ cleared to sell $6.5B Silk Road Bitcoin – No more U.S. BTC reserve?
U.S. DOJ Approved to Sell 69,370 Bitcoin, Sparking a Crypto Crash Coinpedia 22 hours ago
U.S. DOJ Approved to Sell 69,370 Bitcoin, Sparking a Crypto Crash
Is This Why Bitcoin Is Falling? "US Is Preparing to Sell!" Bitcoinsistemi 21 hours ago
Is This Why Bitcoin Is Falling? "US Is Preparing to Sell!"
Will Government Bitcoin Sale Impact Market Stability? Bitcoinhaber 20 hours ago
Will Government Bitcoin Sale Impact Market Stability?
DOJ Dumping BTC Before Trump Takes Office: To sell $6.5B in BTC from Silk Road stacker news 1 day ago
DOJ Dumping BTC Before Trump Takes Office: To sell $6.5B in BTC from Silk Road
DOJ Receives Court Approval to Sell $6.5 Billion in Bitcoin from Silk Road Seizure Blockonomi 18 hours ago
DOJ Receives Court Approval to Sell $6.5 Billion in Bitcoin from Silk Road Seizure
US Government’s $6.5B Silk Road Bitcoin Liquidation To Rattle the Market Coin Edition 17 hours ago
US Government’s $6.5B Silk Road Bitcoin Liquidation To Rattle the Market
DOJ Gets Court Approval to Sell 69,370 BTC Seized from Silk Road
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin Bitcoin.com 1 day ago
Crypto Community on Edge as Biden’s DOJ Eyes Sale of $6.49 Billion in Seized Bitcoin
US court approves sale of $6.5b silk road Bitcoin stacker news 1 day ago
US court approves sale of $6.5b silk road Bitcoin
Bitwise CIO Reveals What Will Happen If The US Sells Its Silk Road BTC Coingape 22 hours ago
Bitwise CIO Reveals What Will Happen If The US Sells Its Silk Road BTC
Breaking: US Govt Sells $6.7 Billion in Bitcoin, Will BTC Price Crash Soon? Coingape 22 hours ago
Breaking: US Govt Sells $6.7 Billion in Bitcoin, Will BTC Price Crash Soon?
US Justice Department Set to Liquidate $6.5 Billion in Seized Bitcoin from Silk Road Case Coinotag 1 day ago
US Justice Department Set to Liquidate $6.5 Billion in Seized Bitcoin from Silk Road Case
Market Reactions to the U.S. DOJ’s Liquidation of 69,370 BTC: Insights and Implications Coinotag 15 hours ago
Market Reactions to the U.S. DOJ’s Liquidation of 69,370 BTC: Insights and Implications
U.S. Court Clears Path for Possible Future Liquidation of 69,370 Seized Bitcoin from Silk Road Coinotag 23 hours ago
U.S. Court Clears Path for Possible Future Liquidation of 69,370 Seized Bitcoin from Silk Road
US Government Set to Sell $6.5 Billion Silk Road Bitcoin: Market Insights from CryptoQuant CEO Ki Young Ju Coinotag 23 hours ago
US Government Set to Sell $6.5 Billion Silk Road Bitcoin: Market Insights from CryptoQuant CEO Ki Young Ju
US Government May Consider Selling Bitcoin Before Trump’s Presidency Amid Market Speculation Coinotag 1 day ago
US Government May Consider Selling Bitcoin Before Trump’s Presidency Amid Market Speculation
U.S. Court Ruling Allows Liquidation of 69,370 Bitcoins Amid Ongoing Legal Disputes Over Identity of Hacker Coinotag 21 hours ago
U.S. Court Ruling Allows Liquidation of 69,370 Bitcoins Amid Ongoing Legal Disputes Over Identity of Hacker