Bitcoin Plummets as US Govt Moves $2B: Market in Turmoil?

On Monday, July 29th, Bitcoin declined by 2.12% following reports that the United States government had transferred $2 billion worth of Bitcoin to newly generated digital addresses. After edging upwards slightly on Sunday, Bitcoin closed the previous session at $66,810. Earlier that day, the cryptocurrency had reached an intraday high of $69,916. However, news broke …

Source: CryptoNewsZ