#MarketTurbulence Here’s the full story-::-::-
US Treasury Secretary Scott Bessent just confirmed the government will NOT be buying Bitcoin for the Strategic Reserve.
Instead- They’ll build the reserve only from confiscated BTC .
Current stash value: $15–$20 billion.
They will stop selling their Bitcoin holdings
This statement hit the market at the worst possible time — right after BTC smashed a new all-time high above $124,000.