The U.S. government has moved $2 billion worth of seized Bitcoin, triggering a significant price drop in the cryptocurrency market. The transfer involved approximately 29,800 BTC linked to the Silk Road case, which was sent to an unknown wallet. This action raised concerns among investors, particularly as Bitcoin had recently climbed back to the $70,000 mark. The movement of such a large amount of Bitcoin often leads to speculation about potential sales, which can impact market prices.Read more on CoinPaprika
U.S. Moves $2 Billion in Seized Bitcoin
