Bitcoin Price Plummets As US Government Transfers $2B In Seized Silk Road BTC, Coincidence?

The crypto market is abuzz with speculation as the US government recently moved significantly regarding seized Bitcoin (BTC) linked to the infamous Silk Road dark web marketplace. This development comes at a critical time for the Bitcoin price, which has struggled to maintain its position above the $70,000 threshold after hitting its current all-time high (ATH) of $73,700 on March 14.  As the largest cryptocurrency experiences yet another round of price correction, the movement of these seized funds has triggered intense speculation about a potential sell-off by the US government. Seized Silk Road BTC On The Move According to on-chain data, a wallet linked to the US government recently transferred 30,175 Bitcoin, seized from …..

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