Does U.S. Government Hold More Than 200,000 Bitcoin?

Posted on AllSides April 28th, 2023
From The Center

The recent surge in the price of Bitcoin, in the wake of global banking pressures and the collapse of some mid-tier lenders, has renewed interest in cryptocurrencies. There has even been speculation by analysts at Standard Chartered that the price of Bitcoin could rise to $100,000 by the end of 2024.

The decentralized cryptocurrency, the value of which was punctured by a series of scandals at major crypto platforms like FTX, has seen its price increase to around $30,000 in April from lows of nearly $13,000 in November 2022.

Among the speculation...

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