$2 billion Bitcoin transfer by the U.S. government

The US government shocked the cryptocurrency market on Monday by moving $2 billion worth of confiscated Bitcoin (BTC), causing a wave of anxiety among investors. This controversial move came just two days after Donald Trump’s fiery promise to hoard BTC, as if setting the stage for an exciting spectacle.

Blockchain data revealed the mystery: the US government’s wallet audaciously transferred 29,800 BTC linked to the infamous Silk Road website to an unknown destination. This unexpected move has raised numerous questions among market participants. Has the US government started a new game in the world of cryptocurrencies?