Government Selling BTC: According to reports, the German government has been gradually selling off its BTC holdings since June of this year. The most recent sale of 700 BTC is valued at around $40.47 million, with each Bitcoin currently trading at around $57,800. This move comes as no surprise, as the German finance ministry had previously announced its plans to sell off its cryptocurrency holdings. Impact on Crypto Market: The sale of BTC by the German government has caused a stir in the crypto market, with many speculating about the reasons behind this move. Some believe that the government is simply cashing out on its investment, while others see it as a lack of faith in the long-term potential of BTC. This has led to a slight dip in the price of BTC, but experts believe that this will not have a significant impact on the overall market. Trending Hashtags: #BTC #Germany #Cryptocurrency #GovernmentSelling #CryptoMarket Potential Reasons for Sale: While there is no official s...
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