📰 News Alert:
🔖 Title: US government’s Bitcoin reserve curbs potential $18 billion market sell pressure
🗓️ Published: Fri, 07 Mar 2025 08:40:13 +0000
📄 Summary: The US government's establishment of a Strategic Bitcoin Reserve could reduce market sell pressure by up to $18 billion. Coinbase executive Conor Grogan estimates that federal authorities currently hold around 198,109 BTC, with implications for preventing the liquidation of these holdings.
🗞️ Source: CryptoSlate
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