Claims of U.S. Bitcoin Liquidation Draw Senators’ Ire
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Key Points: Alleged U.S. Bitcoin sales spark Senator Lummis’ concern. Claims conflict with strategic reserve goals. Lummis urges careful handling of strategic assets. U.S. Senator Cynthia Lummis expressed concerns on X about the U.S. government’s Bitcoin liquidation contrary to a presidential order for a strategic reserve amid international Bitcoin accumulation. This issue highlights potential conflicts in U.S. crypto policy, as liquidation contradicts accumulation goals, sparking discussions on the government’s strategic financial management. Senator Lummis Challenges U.S. Bitcoin Sale Reports Lummis’ reported concerns reflect anxiety over the U.S. government’s handling of Bitcoin, a crucial digital asset amid building strategic reserves. She emphasized the importance of not squandering strategic assets as other nations accumulate Bitcoin. The reports suggest a gap between presidential policy and government actions. Senator Lummis, known for her Bitcoin advocacy, was the central figure in addressing these reports. Her BITCOIN Act proposed a strategic Bitcoin reserve, yet concerns arise due to conflicting government actions. This development follows the DOJ’s alleged sale of Bitcoin received from Samourai developers. Cynthia Lummis, U.S. Senator (R-WY), “For far too long, unclear rules have pushed digital asset companies offshore. Our market structure legislation changes that by establishing clear jurisdiction, strong protections, and ensuring America leads the way. Let’s get this done!” Historical Context, Price Data, and Expert Insights Did you know? The U.S. government’s history with Bitcoin includes previous sales and auctions following seizures, often sparking debates over strategic reserve decisions. Bitcoin currently trades at $93,745.20, according to CoinMarketCap, with a market cap nearing $1.87 trillion, dominating 58.41% of the crypto market. Over the past 24 hours, it increased by 0.88%, with a trading volume surge of 48.38%. The price saw a 23.24% dip over 90 days. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 02:18 UTC on January 6, 2026. Source: CoinMarketCap Analysts from…
Filed under: News - @ January 6, 2026 2:28 am