U.S. Treasury Halts Bitcoin Purchases Amid Market Volatility

The U.S. Treasury has temporarily halted purchases of Bitcoin, sparking market uncertainty and impacting prices. The decision comes amidst geopolitical tensions and concerns about fiscal stability. This halt, announced by Secretary Scott Bessent, coincides with a decline in Bitcoin value below $115,000 as investors anticipate key diplomatic talks between Donald Trump and Volodymyr Zelenskyy. The move underscores the complex relationship between policy decisions and market dynamics.