Bessent Says No, But Maybe Later, to Fresh Bitcoin Buying
20 Articles
20 Articles
A statement by Secretary of State Scott Bessent was not well received by the community.
On August 14th, ambiguous remarks by Secretary Scott Bessent triggered a mini-krach, erasing tens of billions of dollars of capitalization in a few minutes. While investors feared an official renunciation of any acquisition of BTC, a retropedalage published on the X platform a few hours later came to sow even more confusion on the real strategy of the United States. The article Scott Bessent retropedal: The purchase of new Bitcoins by the USA is…
From No To Maybe: Treasury Secretary Bessent Leaves Bitcoin Option Open
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Treasury Secretary Scott Bessent walked back a line that rattled Bitcoin markets on Thursday, saying the Treasury is still looking at ways to add to a Strategic Bitcoin Reserve without raising taxpayer costs. He had earlier told Fox Business that “we’re... The post From No To Maybe: Treasury Secretary Bessent Leaves Bitcoin Option Open appeared…
Bitcoin Market Swings on Policy Clarifications and Strategic Reserve Plans
The recent volatility in Bitcoin and crypto markets following Treasury Secretary Scott Bessent’s remarks highlights the delicate balance between policy statements and market expectations. While the initial statement that the U.S. government would not be buying additional Bitcoin caused a temporary dip, the subsequent clarification that budget-neutral options remain on the table has restored some… Source
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