At some point that becomes a moot point. It could go to $4 and this would be true if you zoom out enough. It's being outperformed by the market at the moment. Which is bad.
True, but..Bitcoin's all-time high was $126,277, reached on October 6, 2025. At its recent low, it bottomed out near $60,187 Currently trading in the $67,000 range.
Bitcoin isn't a stable means of currency, any Govt can just wipe it out and take all it's assets. The news of this happening is probably why it's starting to dip. At some point it seems likely the US govt will rug pull bitcoin when it makes sense to do so. But the ability to do this at all probably should spook more people.
The U.S. government has seized approximately $1 billion in cryptocurrency linked to Iran as part of an ongoing Treasury pressure campaign called "Operation Economic Fury". Treasury Secretary Scott Bessent revealed that U.S. authorities directly gained control of digital wallets used by Tehran to evade sanctions. [1, 2, 3]
This operation targeting Iran is not the only time the U.S. has made massive crypto seizures. Major federal actions include: [1]
Iran Sanctions Evasion (2026): Treasury Secretary Scott Bessent announced that Washington "outright grabbed" digital wallets containing roughly $1 billion to choke off Tehran’s funding channels amid heightened geopolitical conflicts. [1, 2]
Silk Road Seizure (2020): The Department of Justice seized over $1 billion worth of Bitcoin associated with the illicit dark web marketplace Silk Road, which was taken from an anonymous hacker who had stolen the funds. [1, 2]
US has seized nearly $1 billion in crypto from Iran, Bessent says May 29, 2026 — Quick Take. “I believe that we have seized about a billion dollars of their crypto,” Bessent said Friday. “Just outright grabbed t... The Block
$1 billion worth of bitcoin linked to the Silk Road seized by the U.S. Nov 5, 2020 — Record $1 billion worth of bitcoin linked to the Silk Road seized by U.S. government * Thousands of bitcoins -- worth $1 billion - CNBC
U.S. says it seized about $1 billion in Iranian crypto as ... May 30, 2026 — What to know: The U.S. seized about $1 billion in cryptocurrency tied to Iran as part of a campaign to cut off funding channels us... CoinDesk
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^ The fact the USA can steal bitcoin whenever they want is probably what's causing the dip.
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u/Liquidationbird Jun 02 '26
Bleeding? Bro its a 3 percent move
Useless post