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US DOJ conducting Silk Road BTC liquidation: Bitcoin Magazine CEO

The CEO of Bitcoin magazine, David Bailey, hypothesized that the United States Ministry of Justice could quickly carry out BTC liquidations on the Silk Road.

In a position of March 10 on X, Bailey suggested that the liquidations of the silk road could occur despite the pro-bitcoin position of the American president Donald Trump, potentially contributing to the recent slowdown in the BTC price. Bailey’s request sparked a discussion within the cryptocurrency community.

If the liquid doj the bitcoin of America with haste (in defiance of the president) since the approval of the court does it 3 months ago … then the action of the bitcoin prices is perfectly logical.

– David Bailey🇵🇷 0.85 mm / BTC is the ground (@davidfbailey) March 10, 2025

Some users have rejected the concept claiming that the assets of the Doj, as well as the Bitcoin in 2024 of Germany salesLack of enough volume to have a substantial effect on the market. Others have highlighted wider macroeconomic factors such as having a greater impact on the price of Bitcoin.

Bailey has also already suggested That Trump should allow Bitcoin payments for his proposed “gold card”, aimed at attracting foreign investors. Although entirely theoretical, the concept shows the growing convergence of world capital flows, politics and bitcoin.

At the same time, some experts have offered to sell other assets seized by the United States government to support Trump’s strategic bitcoin Reserve.

Since March 10, the federal government held 60,850 Ethereum (Ethn), around $ 125 million, 122 million ties (USDT), and other assets such as Binance Coin (Bnb) and the wrapped bitcoin (WBTC), according to data From Arkham Intelligence. Supporters of the idea stressed that these participations have the potential to provide an additional 5,000 BTC if they are liquidated.

Meanwhile, the analyst by Real Vision, Jamie Coutts, on the macroeconomic landscape, revealed that Bitcoin prices are aligned with the differences in corporate obligations and the volatility of the bonds of the Treasury. Risky assets like Bitcoin can be subjected to more pressure if the liaison differences continue to develop, he warned.

Bitcoin is like playing a chicken game with central banks.

Although my framework becomes optimistic as the dollar dives, two measures always increase alarms: the volatility of the bonds of the treasury (travel index) and the differences in corporate bonds. In this thread, I will explain how these factors interact … pic.twitter.com/gwaglvyoaa

– Jamie cost CMT (@ jamie1coutts) March 10, 2025

But it remained optimistic, pointing to factors such as the growth of the nation-state bitcoin titles, possible FNB entries and the possibility that Micharish by Michael Saylor buys up to 200,000 BTC this year.

While the market continues to respond to uncertainties surrounding Trump’s economic policies, the price de Bitcoin fell to $ 80,052 on March 10, a drop of 7% compared to the day before. Merchants are now looking at the main economic relationships, including the consumer price index on March 12 and the production price index on March 13, which could influence Bitcoin’s next decision.