Silkroad-Linked BTC Causes Minor Dip in Crypto Markets

Cryptocurrency markets saw a minor slump as news of Silkroad-linked Bitcoins (BTC) movement hit the airwaves. Bitcoin prices stayed around $28,000 amid the confusion. Although the transfer has not been confirmed yet, initial impressions suggest there is nothing to be afraid of. Is the US Selling BTC? Social media was ablaze with speculation as BTC prices dipped below $27,900. A closer look at the transaction, however, reveals a transfer amount of less than $3,000. In the wallet, 1501 BTC remains intact. This could be a test transfer to the target wallet. If so, we could see a real drop when the main transfer occurs post-confirmation. Possible reasons for the transfer to zero-balance receiver wallets could be two-fold. One could be a test balance sent for receiver wallet verification. However, the US has previously executed single transactions smoothly and has not encountered any problems in this regard. The second possibility seems […] The post Silkroad-Linked BTC Causes Minor Dip in Crypto Markets appeared first on COINTURK NEWS.