Bitcoin value jumps after DOJ seizes record amount

Bitcoin value jumps after DOJ seizes record amount

https://www.axios.com/bitcoin-justice-department-silk-road-89b4048d-ffec-437a-887c-49159caa759a.html

Title is article headline. Speculation reads as follows, “The confiscation caused prices to jump because so much was taken out of circulation.”

Correct me if I’m wrong, but BTC can never be out of circulation. Mined coin will forever remain on the blockchain. Access and ability to move it can be lost.

Complete nonsense article or am I missing something? Can any correlation possibly exist?



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