US government moves $2 billion in Bitcoin, price dips 1.3%


US government moved 29,800 BTC worth $2 billion from seized Silk Road funds.Bitcoin price dropped 1.3% following the transfer, trading at $66,890.12.

The US government’s Bitcoin (BTC) wallet containing Silk Road’s seized funds moved roughly 29,800 BTC to different addresses today, on-chain data shows. The amount is equivalent to over $2 billion, and the news made the BTC price crash 1.2% in a few minutes, currently sitting at $66,890.12.

$BTC