German Government Bitcoin Selloff: BTC Price Drops Below $63,000 Amid Major Liquidation
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The German government has been actively liquidating its Bitcoin holdings since June 18. This strategic move has caused notable selling pressure on the Bitcoin market, driving prices below $63,000. On-chain data platform Arkham Intelligence tracked the government’s recent transfer of 832 Bitcoins, valued at approximately $50 million, within a single hour. Insights into the German […]