David Bailey, CEO of Bitcoin Magazine, speculates that the U.S. Department of Justice has started liquidating some of the 69,370 Bitcoin seized from Silk Road, following a December 2024 court ruling. This could impact Bitcoin prices, which fell to 80,052 USD on March 10, 2025.
Experts suggest that while DOJ sales may affect Bitcoin short-term, broader economic factors such as inflation and bond movements are significant drivers of market fluctuations. Upcoming economic indicators could further influence Bitcoin’s price direction.