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Commodities

US Treasury's Bitcoin Reserves Soar Past $15 Billion Amid Global Market Tensions

Guavy AI Editorial Team
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Gold
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U.S. Treasury Secretary Yellen announced that the value of U.S. Bitcoin holdings has surpassed $15 billion, exceeding its previous value of $500 million. She considers these reserves as part of U.S. assets.

The strategy behind a recent BTC purchase saw an average price of $80,318 per coin, totaling $369.7 million for 4,603 coins.

Gold prices have also seen an increase, breaking above $4,450/oz with a 0.18% intraday gain.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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