The U.S. Government’s cryptocurrency wallet has lost an estimated $11.8 billion in value since Bitcoin last reached an all-time high, reflecting the sharp correction across digital asset markets. The decline mirrors broader price weakness in major cryptocurrencies following the peak.
Despite the losses, the U.S. government still holds approximately $29.5 billion worth of crypto assets. These holdings largely stem from asset seizures and law enforcement actions rather than active investment decisions, making the government one of the largest known institutional holders of digital assets.
Market observers note that the scale of these holdings highlights the growing intersection between crypto markets and public sector balance sheets. Valuation swings also underscore how price volatility can materially affect large, passive crypto portfolios over relatively short periods.
