Bitcoin falls after comments from the US Treasury 🇺🇸📉

Bitcoin dropped below $USD 118,000 after US Treasury Secretary Scott Bessent stated that the government does not plan to buy more $BTC for its reserves.

🚫 However, he also confirmed that they will not sell the current holdings, which could have mitigated a larger decline. The market reacted quickly to the news, demonstrating its sensitivity to government decisions. 🚀