Following latest market actions, the cryptocurrency belongings held by the US authorities attracted consideration.
In line with the info, the overall worth of US crypto belongings stands at $24.29 billion, the overwhelming majority of which is Bitcoin, with 198,022 BTC price roughly $23.44 billion.
The federal government’s portfolio additionally contains 347.44 million USDT, 59,951 ETH ($273.6 million), 750.7 WBTC ($88.81 million), 40,293 BNB ($33.93 million), and varied altcoins.
The total checklist of US altcoin holdings is as follows:
- Tether (USDT) – $347.45 million
- Ethereum (ETH) – $273.60 million
- Wrapped Bitcoin (WBTC) – $88.81 million
- Binance Coin (BNB) – $33.93 million
- Wrapped Ethereum (WETH) – $23.75 million
- Wrapped BNB (WBNB) – $18.66 million
- Binance USD (BUSD) – $13.49 million
- Aave USDC (AUSDC) – $13.47 million
- USD Coin (USDC) – $11.57 million
- Dai (DAI) – $8.66 million
- Tron (TRX) – $5.47 million
- Uniswap (UNI) – $3.29 million
- Chainlink (LINK) – $2.26 million
- Render Token (RNDR) – $1.05 million
- Aave (AAVE) – $1.04 million
- The Sandbox (SAND) – $954.07 thousand
- Band Protocol (BAND) – $724.19 thousand
- Shiba Inu (SHIB) – $709.82 thousand
- FTX Token (FTT) – $503.74 thousand
- Maker (MKR) – $460.42 thousand
- Nexo (NEXO) – $440.15 thousand
- Kyber Community Crystal (KNC) – $303.81 thousand
- Masks Community (MASK) – $165.94 thousand
- iExec RLC (RLC) – $145.44 thousand
- Curve DAO Token (CRV) – $143.68 thousand
- Aergo (AERGO) – $118.94 thousand
- Energy Ledger (POWR) – $106.74 thousand
US Treasury Secretary Scott Bessent just lately made it clear to Fox Enterprise that the federal government won’t be buying Bitcoin so as to add to its present reserves.
“We won’t purchase,” Bessent stated, including that the strategic Bitcoin reserve, put in place by President Donald Trump in March, will solely be elevated by authorized seizures.
For months, the Trump administration has been touting the potential of the federal government buying Bitcoin. This prospect excited traders, anticipating each the potential legitimacy it may present to the cryptocurrency within the eyes of the federal government and the potential deflationary affect of large-scale purchases on Bitcoin’s worth. Nevertheless, Bessent’s newest assertion has put that hope on maintain for now.
*This isn’t funding recommendation.
