Bitcoin’s Price Dips as German Government Sells Over $900M in BTC
Bitcoin’s price fell significantly as the German government sold over $900 million worth of BTC, transferring 16,309 coins to exchanges. This sale marks a major liquidation, dropping holdings to 23,788 BTC. The price dropped to $55,000 before a slight recovery, reflecting broader market pressures from asset sell-offs and repayments from exchanges like Mt. Gox. In … Read more