Bitcoin Retreats After Inflation Surprise

Bitcoin Retreats After Inflation Surprise

Bitcoin’s rapid ascent to record highs was briefly interrupted this week after unexpectedly strong inflation data rattled investor confidence. The U.S. Treasury also weighed in on its stance toward cryptocurrency holdings, further shaping market sentiment. Bitcoin Cools Off After Inflation Spike Earlier this week, Bitcoin surged past $124,000, hitting a new all-time high. The rally was driven by strong institutional demand, crypto-friendly regul…

US Treasury secretary values Bitcoin reserves at $15–$20 billion

US Treasury Secretary Scott Bessent estimates the nation’s Bitcoin reserves at $15–$20 billion and says the Trump administration will keep building them with confiscated assets.

U.S. treasury secretary says government to stop selling Bitcoin

U.S. Treasury Secretary Scott Bessent said on Thursday that Bitcoin reserves are valued at approximately $15B to $20B, and the government will stop selling Bitcoin holdings.

$420 Million Wiped Out In 20 Minutes — What The Inflation Shock Reveals About Bitcoin, Ethereum

A sharp upside surprise in U.S. producer price inflation triggered a $420 million wipeout in crypto markets on Wednesday, exposing lingering …

US Treasury Halts Sale of Bitcoin Reserve Valued Up to $20 Billion

The post US Treasury Halts Sale of Bitcoin Reserve Valued Up to $20 Billion appeared on BitcoinEthereumNews.com. US Treasury Secretary Scott Bessent said on 14 August that the federal government will halt sales of its bitcoin holdings, which he estimated are worth between $15 billion and $20 billion US Treasury Secretary Scott Bessent said on 14 August that the federal government will halt sales of its bitcoin holdings, which he estimated are wo…

Breaking: U.S. Bitcoin Reserves Worth Up To $20 Billion, Scott Bessent Confirms

U.S. Treasury Secretary Scott Bessent confirmed the nation’s $15–$20 billion Bitcoin reserve and a halt to sales. Bitcoin hit a record $123,360 before retreating. Bessent Signals Strategic Reserve Shift as U.S. Halts Bitcoin Sales, Keeps Gold Policy Unchanged U.S. Treasury Secretary Scott Bessent has confirmed that the government’s Bitcoin reserves are valued between $15 billion The post Breaking: U.S. Bitcoin Reserves Worth Up To $20 Billion, S…