Here’s How Bitcoin Price Could React To Potential US DOJ Sell-Off, Blockchain Firm Explains

Bitcoin and the general market seemed to have steadied their ship after garnering some momentum to build on in the first week of the year. Unfortunately, the sector appears to be back where it started, with the total market capitalization declining by nearly 3% in the last week. One of the events that might have precipitated such a bearish climate in the market was the approval of the United States Department of Justice (DOJ)’s plan to offload seized Bitcoin assets. Due to the significant size of the coins, there is…

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