April 22, 2025

Germany’s selling pressure threatens Bitcoin’s $60K

1 min read

Germany has put a massive amount of Bitcoin on the market, causing a stir in the community. The German Government’s (BKA) cryptocurrency wallet unloaded more than $54 million worth of Bitcoin in just one day. On June 25, the wallet sold 900 BTC in three transactions. This selling pressure could drag Bitcoin’s price below $60,000.

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Source: Cryptopolitan

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