US Govt Dumps $4M In Bitcoin Again, Another BTC Selloff Ahead?


US Govt Dumps $4M In Bitcoin Again, Another BTC Selloff Ahead?

  coingape.com  + 1 more 23 July 2024 04:52, UTC

The US government has moved approximately 60 Bitcoin, worth nearly $4 million, fueling concerns about another potential selloff ahead. Notably, this follows recent substantial offloads by the U.S. and German governments, which have weighed heavily on the crypto’s price, threatening to wipe out its recent gains. Now, although the transfer amount is comparatively low, it still sparks discussions over more selloffs in the coming days.

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