{"id":625696,"date":"2024-06-20T23:00:00","date_gmt":"2024-06-20T23:00:00","guid":{"rendered":"https:\/\/ktsl888.com\/?p=625696"},"modified":"2024-06-20T18:24:36","modified_gmt":"2024-06-20T18:24:36","slug":"german-governments-bitcoin-dump-surpasses-195m-as-selling-spree-persists","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/bitcoin-news\/german-governments-bitcoin-dump-surpasses-195m-as-selling-spree-persists\/","title":{"rendered":"German Government’s Bitcoin Dump Surpasses $195M As Selling Spree Persists"},"content":{"rendered":"
The German government has recently begun selling millions of dollars worth of Bitcoin (BTC) from a confiscated wallet, further contributing to the lack of catalysts for a price recovery in the cryptocurrency market.\u00a0<\/span><\/p>\n
The move comes as increased selling activity and unprecedented selling by long-term BTC whales have led to a sharp price correction, preventing Bitcoin from consolidating above $70,000 and retesting its previous all-time high.<\/span><\/p>\n
Whales And German Government Fuel Market Volatility<\/span><\/h2>\n