Bitcoin's price experienced a significant drop as the German government transferred approximately $75 million worth of Bitcoin to cryptocurrency exchanges. This move, detected by blockchain analytics firm Arkham Intelligence, involved sending funds to major exchanges such as Kraken and Coinbase. The transfer has fueled speculation about potential selling intentions, contributing to increased market volatility and downward pressure on Bitcoin's price.Read more on Decrypt
German Government Moves $75M in Bitcoin to Exchanges
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