Following recent market movements, the cryptocurrency assets held by the US government attracted attention. According to the data, the total value of US crypto assets stands at $24.29 billion, the vast majority of which is Bitcoin, with 198,022 BTC worth approximately $23.44 billion. The government’s portfolio also includes 347.44 million USDT, 59,951 ETH ($273.6 million), 750.7 WBTC ($88.81 million), 40,293 BNB ($33.93 million), and various altcoins. The full list of US altcoin holdings is as follows: Tether (USDT) – $347.45 million Ethereum (ETH) – $273.60 million Wrapped Bitcoin (WBTC) – $88.81 million Binance Coin (BNB) – $33.93 million Wrapped Ethereum (WETH) – $23.75 million Wrapped BNB (WBNB) – $18.66 million Binance USD (BUSD) – $13.49 million Aave USDC (AUSDC) – $13.47 million USD Coin (USDC) – $11.57 million Dai (DAI) – $8.66 million Tron (TRX) – $5.47 million Uniswap (UNI) – $3.29 million Chainlink (LINK) – $2.26 million Render Token (RNDR) – $1.05 million Aave (AAVE) – $1.04 million The Sandbox (SAND) – $954.07 thousand Band Protocol (BAND) – $724.19 thousand Shiba Inu (SHIB) – $709.82 thousand FTX Token (FTT) – $503.74 thousand Maker (MKR) – $460.42 thousand Nexo (NEXO) – $440.15 thousand Kyber Network Crystal (KNC) – $303.81 thousand Mask Network (MASK) – $165.94 thousand iExec RLC (RLC) – $145.44 thousand Curve DAO Token (CRV) – $143.68 thousand Aergo (AERGO) – $118.94 thousand Power Ledger (POWR) – $106.74 thousand US Treasury Secretary Scott Bessent recently made it clear to Fox Business that the government will not be purchasing Bitcoin to add to its existing reserves. Related News: US Treasury Secretary Scott Bessent Makes Additional Bitcoin Statements - He Had Spoken Negatively Today “We will not buy,” Bessent said, adding that the strategic Bitcoin reserve, put in place by President Donald Trump in March, will only be increased through legal seizures. For months, the Trump administration has been touting the possibility of the government purchasing Bitcoin. This prospect excited investors, anticipating both the potential legitimacy it could provide to the cryptocurrency in the eyes of the government and the potential deflationary impact of large-scale purchases on Bitcoin's price. However, Bessent's latest statement has put that hope on hold for now. *This is not investment advice. Continue Reading: Following Recent Developments, How Much Bitcoin and Altcoin Does the US Government Have?
