Bitcoin Drops to $117K After US Treasury Secretary Bessent Says Government Won’t Buy BTC For Strategic Reserve

14-Aug-2025 ZyCrypto

Bitcoin Drops by 18% to $32k, Pushing the Crypto Market Cap Below $1 Trillion

U.S. Treasury Secretary Scott Bessent declared outright that the federal government had no plans to acquire more Bitcoin for its planned strategic reserve.
Also read: 3 Crypto Presale Projects with Real-World Potential Beyond the Hype
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