[Bitcoin drops below $119K after US Treasury secretary rules out new BTC purchases]
Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Bitcoin drops below $119K after US Treasury secretary rules out new BTC purchases"></p><p>Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve.</p>

Bitcoin drops below $119K after US Treasury secretary rules out new BTC purchases

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