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Coin Edition 2024-07-04 11:30:00

Bitcoin Price Plunge: German Government’s BTC Sell-Off Adds to Market Woes

The German government has reportedly moved a significant amount of Bitcoin from its holdings, raising questions about its investment strategy and potentially adding to recent downward pressure on the cryptocurrency’s price. On-chain analytics platform Lookonchain revealed that 3,000 BTC, valued at $174 million, were transferred, with a significant portion distributed among major crypto exchanges Bitstamp, The post Bitcoin Price Plunge: German Government’s BTC Sell-Off Adds to Market Woes appeared first on Coin Edition .

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