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.

Source: Cryptopolitan