Government Bitcoin Sales Impact: Understanding BTC Market Dynamics Amidst Recent Sell-Offs

Recent sales of Bitcoin (BTC) by governments have negatively impacted the cryptocurrency market. BTC, which initially surged during the bull run linked with Spot Bitcoin ETFs, has faced significant challenges in recent weeks. German government BTC sales and Mt. Gox’s BTC transfers are among the contributing factors to this downturn. Ki Young Ju, founder of

Source: CoinOtag