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BTC Dips: US Government BTC Sale Looms, ETF Inflows Offer Some Relief
On Tuesday, October 8, BTC dipped by 0.12%, following a 0.89% loss from the previous session to close at $62,181. BTC mirrored the broader crypto market, which slipped by 0.06% to a total crypto market cap of $2.117 trillion. US Government Receives Green Light to Sell 69,000 BTC On Tuesday, reports circulated that the US government received approval to offload 69,000 BTC. FreeSamourai shared the news, stating, “In the never-ending “Silk Road” [sic] USG BTC news, Battleborn Investment’s appeal to the Supreme Court will not be heard and the 69k BTC forfeited by Individual X, moves from the seized bucket to the ... (full story)