#MarketTurbulence US Treasury Secretary Scott Bessent just confirmed the government will NOT be buying Bitcoin for the Strategic Reserve. Instead:

๐Ÿ‡บ๐Ÿ‡ธ Theyโ€™ll build the reserve only from confiscated BTC

Current stash value: $15โ€“$20 billion

๐Ÿšซ They will stop selling their Bitcoin holdings

This statement hit the market at the worst possible time โ€” right after BTC smashed a new all-time high above $124,000.