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U.S. Government Holds $5 Billion in Bitcoin: What This Means for the Crypto Market

The U.S. government unexpectedly ranks among the world’s top Bitcoin owners, holding an astonishing 200,000 bitcoins—equivalent to around $5 billion. This isn’t from savvy investments but rather from confiscations related to cybercrimes and darknet busts. Stored securely in advanced encrypted hardware wallets, these digital assets fall under the watchful eyes of major U.S. institutions, including the Justice Department and the IRS. Crypto enthusiasts and traders are buzzing about the potential ripple effects on the market if the U.S. opts for a widespread bitcoin sale. But...