August 14, 2025

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US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic Reserve

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US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic Reserve
US Treasury Secretary Dampens the Mood: Government Won’t Buy Bitcoin for Strategic ReserveOn Thursday, during a Fox News interview, U.S. Treasury Secretary Scott Bessent addressed the nation’s strategic bitcoin reserve (SBR), clarifying that the government has no plans to purchase bitcoin for it. PPI Surprise and Bessent’s Bitcoin Stance Causes Uncertainty Over the past 24 hours, the crypto market slipped 2.91%, nearly dipping below the $4 trillion […]