Already sharply lower on the day, bitcoin slipped a bit further following the news, dipping under $65,000. It’s since bounced a bit, now trading at $65,200, down 4.7% over the past 24 hours. The broader CoinDesk 20 Index is lower by the same amount.
![Silk Road Bitcoin Worth B Moved by U.S. Government: On-Chain Data Silk Road Bitcoin Worth B Moved by U.S. Government: On-Chain Data](https://www.coindesk.com/resizer/Z4PavzUqUf4L_gphtwZ_OlooQpU=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PMAPKRCDTJA3HF3Y44G6JPDV4Y.jpg)
Already sharply lower on the day, bitcoin slipped a bit further following the news, dipping under $65,000. It’s since bounced a bit, now trading at $65,200, down 4.7% over the past 24 hours. The broader CoinDesk 20 Index is lower by the same amount.