What Would Germany’s 50K Bitcoin Sale Be Worth Today?

Quick Summary:

While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated "$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88.

These BTC’s were seized in January from the operators of the pirated movie website Movie2k, when their value was $43,000.

This rally has had a significant impact in the global crypto market.

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Article Details

Author / Journalist: Sarala

Category: Crypto

Markets: United Arab EmiratesGermany

Topics: Crypto Market BTC Bitcoin Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 12:30:43 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © TheNewsCrypto

News ID: 23555873

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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