#MarketTurbulence
Manipulation by the US Treasury: a sharp turn in rhetoric regarding Bitcoin
🇺🇸 Treasury Secretary Scott Bessen initially stated on FOX Business that the US would not be buying Bitcoin, limiting itself to the use of confiscated assets.
📉 Within 40 minutes of these words, BTC dropped from $121,073 to $118,886, and the market lost $55 billion.
❗️ After 7 hours, Bessen changed his position: he wrote on X that the Treasury is considering "budget-neutral" ways to purchase BTC to form a Strategic Bitcoin Reserve as part of Trump's course to transform the US into a "Bitcoin superpower".
Such a turnaround without specifics looks like information manipulation — sharp statements hit the market, creating emotional swings while major players can buy on dips.
💡 Important point: Bessen confirmed that the US is halting the sale of its ~198,000 BTC (~$23.5 billion). This removes some pressure on the price and leaves potential for growth if actual purchases begin.
While there are no actions, any comments from the Secretary can become a tool for price and sentiment pressure.