- The US holds $13 billion in BTC, which exceeds their $180 million in ETH.
- Potential Bitcoin sell-offs increase volatility considerations.
- The transparency of the blockchain permits authorities cryptocurrency holdings to be tracked.
The US authorities's large $13 billion bitcoin hoard has all the time been a supply of intrigue for the crypto group. Now, new information reveals simply how huge that stake is in comparison with its Ethereum holdings, elevating questions concerning the potential impression in the marketplace if the federal government ever determined to promote.
This Bitcoin provide of 213,546 BTC dwarfs the federal government's Ethereum holdings of 53,900 ETH, that are valued at a comparatively modest $180 million.
The staggering 72-fold distinction in holdings raises considerations concerning the potential impression in the marketplace ought to the federal government ever determine to liquidate a few of the…
The publish Uncle Sam's Bitcoin stash: blessing or curse for cryptocurrencies? appeared first on Coin Version.
