Derived from Insidebitcoins, US Treasury Secretary Scott Bessent made a surprise visit to the grand opening of the Bitcoin bar PubKey in Washington, DC, on November 20, 2025, as Bitcoin dropped more than 9% to below $83k. The visit was seen as a positive sign for Bitcoin's mainstream acceptance. Bessent, who has been viewed as crypto-friendly since his nomination in late 2024, has supported several crypto-related bills and expressed admiration for Bitcoin's resilience. Despite the positive sentiment, the broader crypto market faced significant pressure, with over $1.92 billion in liquidations reported.
US Treasury Secretary Visits Bitcoin Bar as BTC Slumps Below $83k
InsidebitcoinsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.