| Element | Value |
|---|---|
| Bitcoin Stock Exchange Capitalization | $1.8 trillion |
| Potential sale from the United States | $6.5 billion |
| Percentage of capitalization | 0.3 % |
US loans to sell 6.5 billion in BTC? The real impact and why shouldn’t you panic!
Good morning YouTube Hey! Today, we’re going to make a point on the crypto market, and as usual, there’s always news that moves prices. Yesterday it was the Fed that influenced the market, and today we’re going to see what the news is that caused the market to dive a bit. Although we are slowly recovering, the market remains very feverish. Stay until the end to discover key moments and a thorough technical analysis.
Before I started, I wanted to tell you soon about my newsletters. Every Tuesday, I publish a free newsletter that offers a point on the market, a technical dossier and a particular theme. You can register via the description link. For those who want to go further, there is also a premium newsletter available on Thursday, which offers more in-depth technical and fundamental analyses, as well as entry points to invest.
At the moment, the momentum on the market is retesting the $92,500. We will see this technically on TradingView. It is not the institutions that sell, but the individuals, the famous ‘tourists’.. These short-term crypto holders (less than 155 days) sold 23,200 Bitcoin, or $2.2 billion at a loss in the last 24 hours. Don’t follow the tourist movement, because it’s the worst decision.
The big news of the day is that the U.S. government has obtained permission to sell 69,370 Bitcoin, equivalent to $6.5 billion, seized during the Silk Road affair. This news scared the market, causing a fall of about 3-4 per cent. We will analyse this area in more detail.
Free and premium newsletters
Every Tuesday, I publish a free newsletter that offers a point on the market, a technical dossier and a particular theme. You can register via the description link. For those who want to go further, there is also a premium newsletter available on Thursday, which offers more in-depth technical and fundamental analyses, as well as entry points to invest. This newsletter pays off, but it is more provided and detailed, with technical analysis and advice on the timing of investment.
The market momentum and the ‘tourists’
At the moment, the momentum on the market is retesting the $92,500. We will see this technically on TradingView. It is not the institutions that sell, but the individuals, the famous ‘tourists’.. These short-term crypto holders (less than 155 days) sold 23,200 Bitcoin, or $2.2 billion at a loss in the last 24 hours. Don’t follow the tourist movement, because it’s the worst decision.
The sale of 6.5 billion bitcoin by the US government
The big news of the day is that the U.S. government has obtained permission to sell 69,370 Bitcoin, equivalent to $6.5 billion, seized during the Silk Road affair. This news scared the market, causing a fall of about 3-4 per cent. We will analyse this area in more detail.
https://business-crypto.org/wp-content/uploads/2025/01/Illustration-dun-marchy-crypto-en-pleine-effervescence.webp
US loans to sell 6.5 billion in BTC? The real impact and why shouldn’t you panic!
The United States is considering selling $6.5 billion in Bitcoin, but what is the real impact on the market? To reassure you and put things in perspective, it is essential to understand how to interpret this kind of news. For example, Nunju, the owner of Cryptooc, an on-chain analysis site, explains that $1 billion is an amount that the market absorbs daily. Thus, the 6.5 billion potentially sold by the US government would represent about a week of absorption. Bitcoin Archive also points out that the Bitcoin market, estimated at about 1.8 trillion dollars, could easily absorb this sum, which represents only 0.3% of the global market capitalization.
Market prospects
Tagado, another analyst, proposes two possible scenarios: either Bitcoins have already been sold, which would be visible on the market, or the sale will be done in an over-the-counter (OTC) manner, that is, outside of public exchanges. This method allows large quantities to be sold without directly affecting the market. In parallel, the crypto sector is putting pressure on Donald Trump to establish a strategic Bitcoin reserve in the first 100 days of his mandate. The Bitcoin Policy Institute even wrote a text Trump could use to set up this reserve.
Political initiatives
A senator from Oklahoma introduced the Bitcoin Freedom Act, which would allow salaries and payments to be made in Bitcoin. This initiative aims to protect citizens’ income and investment from inflation, offering an alternative to the US dollar whose value is affected by monetary policies. This proposal is part of a growing tendency to adopt Bitcoin as a means of protection against inflation.
| Element | Value |
|---|---|
| Bitcoin Stock Exchange Capitalization | $1.8 trillion |
| Potential sale from the United States | $6.5 billion |
| Percentage of capitalization | 0.3 % |
https://business-crypto.org/wp-content/uploads/2025/01/Illustration-dun-marchy-financial-with-graphics.webp
US loans to sell 6.5 billion in BTC? The real impact and why shouldn’t you panic!
In this section, we will explore recent developments in the cryptocurrency market, in particular the potential impact of US sales of $6.5 billion in BTC. We will see why we should not panic and how these events fit into the wider market context.
Technical market analysis
The cryptocurrency market has recently tested several levels of resistance and support. As Julien Roman mentioned, we saw tests around the levels of 93,500 and 90,000. These levels are crucial to understanding the current market dynamics. Although the probabilities seemed to favour a break-up towards the south, the opposite happened, particularly as a result of the American elections of 5 November, which acted as a major catalyst.
Impact of external events
Fires in California also had an indirect impact on the market. The poor air quality and closures of schools and shops have created a climate of uncertainty. However, as Julien pointed out, these events should not cause panic. The market has shown remarkable resilience, and it is important to keep a long-term perspective.
| Event | Market impact |
|---|---|
| United States elections | Major catalyst, broken north |
| Fires in California | Climate of uncertainty, indirect impact |
https://business-crypto.org/wp-content/uploads/2025/01/Graphic-montrant-lyvolution-du-marchy-des-cryptocurrencies.webp
FAQ
What’s the news that caused the cryptocurrency market to dive recently?
What’s the news that caused the cryptocurrency market to dive recently?
The news that caused the cryptocurrency market to plunge recently is the US government’s authorization to sell 69,370 Bitcoin, equivalent to $6.5 billion, seized in Silk Road. This announcement resulted in a market fall of about 3-4 per cent.
Who are the ‘tourists’ in the context of the cryptocurrency market?
Who are the ‘tourists’ in the context of the cryptocurrency market?
« Tourists » in the context of the cryptocurrency market are individuals who hold cryptocurrency in the short term (less than 155 days). Recently, these holders sold 23,200 Bitcoin, or $2.2 billion at a loss in the last 24 hours.
What is the potential impact of the sale of $6.5 billion in Bitcoin by the US government?
What is the potential impact of the sale of $6.5 billion in Bitcoin by the US government?
The potential impact of selling $6.5 billion in Bitcoin by the U.S. government is relatively limited. According to analysts, the Bitcoin market, estimated at about 1.8 trillion dollars, could easily absorb this sum, which represents only 0.3% of the total market capitalization. In addition, the sale could be made over-the-counter (OTC), thus minimizing the direct impact on the market.
What are recent political initiatives regarding Bitcoin?
What are recent political initiatives regarding Bitcoin?
A recent political initiative regarding Bitcoin is the Bitcoin Freedom Act, introduced by a senator from Oklahoma. This bill would allow salaries and payments to be made in Bitcoin, offering an alternative to the U.S. dollar to protect citizens’ income and investments from inflation.
What are the possible scenarios for the sale of Bitcoins by the US government?
What are the possible scenarios for the sale of Bitcoins by the US government?
Possible scenarios for the sale of Bitcoins by the U.S. government include either a sale already made, which would be visible on the market, or an over-the-counter (OTC) sale, i.e. outside of public exchanges. This method would allow large quantities to be sold without directly affecting the market.
What is the impact of external events such as the US elections and California fires on the cryptocurrency market?
What is the impact of external events such as the US elections and California fires on the cryptocurrency market?
External events such as the U.S. elections have acted as a major catalyst, leading to a breakup in the north of the market. Fires in California have created a climate of uncertainty, but their impact on the market is indirect and should not cause panic. The market has shown remarkable resilience to these events.