Bitcoin faces a brutal irony as the Treasury refuses to save BTC from its own political success

Treasury Secretary Scott Bessent told Congress he has no authority to bail out Bitcoin. The exchange came during a Senate Banking Committee hearing, when Senator Brad Sherman asked whether the Treasury could intervene to support cryptocurrency prices. Bessent's answer was direct: he cannot use taxpayer dollars to buy Bitcoin, and the question falls outside his […] The post Bitcoin faces a brutal irony as the Treasury refuses to save BTC from its own political success appeared first on CryptoSlate.