🔰 A quiet yet intense rivalry is unfolding between the US and China, with Bitcoin at its center:
🔹Both nations are accumulating vast amounts of cryptocurrency, fueling a geopolitical tug-of-war.
🔹The US, with its growing institutional investment, is positioning itself as a leader in the digital asset space.
🔹Meanwhile, China, despite regulatory crackdowns, continues to harbor significant Bitcoin mining operations.
🔹This subtle competition will shape the future of cryptocurrency and global economic influence.
🔹As the world's top economies vie for dominance, the outcome will have far-reaching implications for the future of finance and the balance of power.
🔰 Current Bitcoin holdings, according to recent data:
🔺China's Holdings:
🔹China holds approximately 194,000 BTC, worth around $17.1 billion to $17.6 billion.
🔹These holdings are largely seized assets, primarily from the 2020 PlusToken Ponzi scheme.
🔺US Holdings:
🔹The US government holds around 112,189 to 198,012 BTC, valued at approximately $10 billion to $18.3 billion.
🔹These assets are mostly seized from criminal investigations, such as the Silk Road and Bitfinex hacks.
📝 It's worth noting that the figures for the US holdings vary depending on the source, with some reports citing 112,189 BTC and others mentioning 198,012 BTC.
🖍️ The discrepancy might be due to differences in data sources or the dynamic nature of these holdings.
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