Bitcoin's Q1 Performance; U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month

Mar 31, 2023

Bitcoin (BTC) is on track to end the first quarter with its best performance since the first quarter of 2021. So far, the largest cryptocurrency by market capitalization has rallied roughly 70% in 2023. Separately, the U.S. government sold 9,861.17 bitcoin (BTC) for almost $216 million on March 14, a court filing shows. CoinDesk's Bitcoin Protocol Reporter Frederick Munawa and Crypto Markets Analyst Glenn Williams Jr. discuss.

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