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{"id":13043,"date":"2026-02-05T15:31:43","date_gmt":"2026-02-05T15:31:43","guid":{"rendered":"https:\/\/hongkongbuybitcoin.com\/?p=13043"},"modified":"2026-02-05T15:31:43","modified_gmt":"2026-02-05T15:31:43","slug":"u-s-treasury-confirms-it-has-no-authority-to-bail-out-bitcoin-as-btc-slumps","status":"publish","type":"post","link":"https:\/\/hongkongbuybitcoin.com\/?p=13043","title":{"rendered":"U.S. Treasury Confirms It Has No Authority to Bail Out Bitcoin as BTC Slumps"},"content":{"rendered":"

U.S. Treasury Secretary Scott Bessent stated that the government cannot use taxpayer funds to bail out Bitcoin or compel banks to purchase cryptocurrencies. He also mentioned that the government cannot intervene in the market to support Bitcoin during a downturn. This comes as Bitcoin’s price dropped by nearly 8% amid market uncertainty.<\/p>\n","protected":false},"author":1,"featured_media":13044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-13043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"_links":{"self":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/13043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13043"}],"version-history":[{"count":0,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/posts\/13043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=\/wp\/v2\/media\/13044"}],"wp:attachment":[{"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hongkongbuybitcoin.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}