<\/span><\/h2>\n\n\n\nDespite initial concerns, experts reassure the cryptocurrency community that the U.S. government’s planned sale of $118 million in Silk Road Bitcoin is unlikely to have a substantial impact. The relatively small scale of the sale, both in comparison to recent market activities and the government’s extensive Bitcoin holdings, suggests that the broader market dynamics are not significantly influenced. As Bitcoin continues to mature and establish itself as a mainstream asset, occasional government sales are becoming a regular occurrence, with their impact mitigated by the overall resilience of the cryptocurrency market.<\/p>\n","protected":false},"excerpt":{"rendered":"
The U.S. government has announced its intention to sell $118 million worth of Bitcoin seized from the Silk Road hack, sparking concerns within the cryptocurrency community. However, experts are downplaying […]<\/p>\n","protected":false},"author":16,"featured_media":53256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[302],"tags":[291,263,455],"acf":[],"_links":{"self":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/53249"}],"collection":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/comments?post=53249"}],"version-history":[{"count":2,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/53249\/revisions"}],"predecessor-version":[{"id":53255,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/posts\/53249\/revisions\/53255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/media\/53256"}],"wp:attachment":[{"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/media?parent=53249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/categories?post=53249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinwire.com\/wp-json\/wp\/v2\/tags?post=53249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}