German Government Bitcoin Selloff: BTC Price Drops Below $63,000 Amid Major Liquidation

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

Source: CoinOtag