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UK To Follow Germany’s Bitcoin Dump Move? More BTC Dip Ahead?

CoinGape LogoCoinGape10h ago

UK To Follow Germany’s Bitcoin Dump Move? More BTC Dip Ahead? - CoinGape

Quick Summary:

The crypto market buzzes with speculation as the UK might follow Germany’s recent Bitcoin sell-off move.

Now, with the Britain government holding a substantial BTC stash, rumors suggest a possible market dip if Reeves decides to sell.

Rachael Reeves, the new Chancellor of the Exchequer, is under pressure to fund her economic plans.


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UK To Follow Germany’s Bitcoin Dump Move? More BTC Dip Ahead? - CoinGape (Picture 1)

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 14:49:13 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 52 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21685020

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 29 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

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The story "UK To Follow Germany’s Bitcoin Dump Move? More BTC Dip Ahead?" has 488 words across 52 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "UK To Follow Germany’s Bitcoin Dump Move? More BTC Dip Ahead?" was covered 10 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 29 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #21685020
  • URL: https://beamstart.com/news/uk-to-follow-germanys-bitcoin-17214022059101

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