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Government Bitcoin Sales Impact: Understanding BTC Market Dynamics Amidst Recent Sell-Offs Coinotag 3 months ago

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

Recent sales of Bitcoin (BTC) by governments, including the German government's sales and Mt. Gox’s BTC transfers, have negatively impacted the cryptocurrency market. BTC, which initially surged due to Spot Bitcoin ETFs, has faced significant challenges in recent weeks.

Source: en.coinotag.com ↗

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