Bitcoin (BTC) is stalling at $58,200 and altcoins are calm. But it’s a nice last minute There is a development. Yesterday we mentioned that the BTCs held by the German government had decreased significantly. Today, all assets were expected to be zero, and that is what happened. At the end of the rapid sales, the FUD is ending.
Germany Runs Out of Bitcoins
After the latest transfer of $223 million to Kraken and some addresses, the German government’s BKA has run out of assets. Now Germany is the only one that can sell Bitcoin‘I (BTC) is not even left. It is not difficult for this good news to be reversed. MTGOX transfers or new exits from Genesis Trading addresses could turn things around. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
But for now, the thing that keeps the on-chain alarms ringing is Germany because they had sales and that’s over now investors can breathe easy. BTC has started making new attempts above $58,400 at the time of writing.
With the end of breaking news that sees BTC moving in the thousands per day, there could be sudden increases over the weekend. Of course, crypto is full of surprises and not all mines have disappeared.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
