2023-05-11
"Rumors circulated last night that the US government had seized Bitcoin, causing fear, uncertainty, and doubt (FUD) among investors. However, it was later confirmed to be fake news.
The current speculation is that the US government is actually transferring large quantities of Bitcoin. This news caused Bitcoin's price to drop by more than 5%."
According to this video Bitcoin Briefly Drops Below $27,000 as Liquidity Concerns Mount - Video - BNN (bnnbloomberg.ca)