$BTC

soon as the news broke, the price of Bitcoin plummeted from $91,000 to $84,000.

The market had originally expected an influx of incremental funds, but the 'freebie' operation doused those hopes with cold water. However, rational analysis shows that this at least reduced the selling pressure of 207,000 Bitcoins; if other countries follow suit, global governments will control about 530,000 Bitcoins, which is a long-term benefit.