German Govt. Reveals Real Reason Behind Bitcoin Selloff, Deems BTC Price “Irrelevant”

Quick Summary:

German law enforcement authorities recently concluded what they term an “emergency sale” of nearly 50,000 Bitcoin (BTC).

Today, the authorities revealed that they netted an unprecedented €2.639 billion ($2.88 billion) from the Bitcoin selloff.

German Officials Reveal Actual Reason Of Bitcoin The post German Govt.

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Article Details

Author / Journalist: Kritika Mehta

Category: Crypto

Markets: IndiaGermanyPoland

Topics: 24/7 Cryptocurrency News Bitcoin News Bitcoin (BTC) Price Bitcoin Liquidation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 15:40:44 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 519 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21666088

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 42 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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