UK to Sell 61,000 Seized BTC Worth £5B – Is Bitcoin at Risk?

• The UK could sell its 61,000 Bitcoins to raise money to improve economic conditions.
• This Bitcoin is said to be the proceeds of a financial fraud committed by a Chinese national and seized by the UK authorities.

The fate of the crypto market could temporarily be in the hands of the United Kingdom as Chancellor Rachel Reeves reportedly considers the selling of Bitcoins (BTC) worth over £5 billion ($6.7 billion).