Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys

Rob Goldberg August 14, 2025
Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys

Bitcoin drops below $119K after US Treasury secretary rules out new BTC buys

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.

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