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US DOJ Bitcoin Sales Spark Concern From US Senator

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TL;DR:

US Senator Cynthia Lummis on Tuesday pushed back after reports that the US Department of Justice moved and likely sold seized Bitcoin that some lawmakers expected to be held as a national asset. Related Reading: Is Venezuela Controlling A $60 Billion Bitcoin Reserve, Or Is It Just A Rumor?

Key Points:

  • US DOJ Bitcoin Sales Spark Concern From US Senator
  • Involves BTC, SOL cryptocurrencies

    • Background:

    Bitcoin is the first and largest cryptocurrency by market capitalization, often viewed as digital gold and a store of value.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.