{"id":132690,"date":"2024-07-09T10:30:06","date_gmt":"2024-07-09T07:30:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132690"},"modified":"2024-07-08T18:04:38","modified_gmt":"2024-07-08T15:04:38","slug":"will-bitcoin-withstand-the-selling-preassure-from-germanys-government","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-bitcoin-withstand-the-selling-preassure-from-germanys-government\/","title":{"rendered":"Will Bitcoin Withstand the Selling Preassure From Germany’s Government?"},"content":{"rendered":"

The German government\u2019s<\/a><\/strong> ongoing sale of seized Bitcoin<\/a><\/strong> has significantly impacted market sentiment this month, pushing BTC below $55,000, a level unseen for months amid increasing inflows into spot ETFs.<\/p>\n

Germany triggered widespread selling and altcoin movements. As of now, Bitcoin trades at $55,219, down 3% in the last 24 hours.<\/p>\n

The sale has sparked debates on social media about its impact alongside institutional investor activities. Critics argue the sell-off pushed prices lower than justified, despite record-high inflows into spot Bitcoin ETFs.<\/p>\n