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🟠BITCOIN PRICE STABILITY DESPITE GERMAN SALE

🟠BITCOIN PRICE STABILITY DESPITE GERMAN SALE

Day: 10 | Time: 13:54:19 The price of Bitcoin remains stable around $58,500 despite the sale of BTC by the German state of Saxony. The German federal police have moved 5,103.5 BTC, equivalent to about $300 million, to various exchange platforms. Saxony started selling Bitcoin in mid-June and has so far liquidated 30,997 BTC, causing a 15% decrease in price over the past four weeks. However, despite this, the market seems to be more comfortable with this sale and the overall outlook remains positive.

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The wallet associated with the German Federal Criminal Police Office (BKA) moved 5,103.5 BTC during the European hours, according to Arkham Intelligence.