Market Fears of Silk Road Sale Impact on Bitcoin Prices Overblown, Says Van Straten Insights on Selling Pressure
Bitcoin’s recent drop of $10,000 to $92,000 has raised concerns about the end of its bull run, particularly as it struggles to stay above the important psychological barrier of $100,000. Reports indicate that the U.S. Department of Justice may liquidate 69,370 BTC, worth around $6.5 billion, seized from the Silk Road marketplace. However, experts suggest ...