<ul><li>The approval of the US Department of Justice's plan to offload seized Bitcoin assets has raised concerns about a potential market downturn.</li><li>Blockchain analytics platform Glassnode discussed the potential impact of a significant Bitcoin sell-off by the US DOJ on price.</li><li>The market's response to previous large Bitcoin sales by governments has varied, with some instances resulting in a market correction and others seeing a recovery.</li><li>The current market sentiment suggests that the market may be able to absorb the potential sell-side pressure, but cautious optimism may not be enough to prevent a decline in Bitcoin price when large amounts of coins are sold.</li></ul>

Here’s How Bitcoin Price Could React To Potential US DOJ Sell-Off, Blockchain Firm Explains

Discover more