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Reading: Bitcoin Rich States! Remarkable Germany Detail!
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Bitcoin Rich States! Remarkable Germany Detail!
Bitcoin and BTC

Bitcoin Rich States! Remarkable Germany Detail!

vitalclick
Last updated: September 19, 2024 2:47 pm
8 months ago
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Cryptocurrency analysis platform Arkhamgovernments Bitcoin (BTC) $62,039 published a new report on BTC assets. According to the report, the United States has the largest BTC assets among governments with $12.16 billion BitcoinThe United Kingdom is next in line with the US, with $3.67 billion in BTC assets. Bhutan and El Salvador are in third and fourth place, with $782.46 million and $351.75 million in BTC assets, respectively.

The United States is in First PlaceOther Bitcoin-Rich States and Germany

The United States is in First Place

The data shared by Arkham via the X platform reveals the interest of governments in Bitcoin. United Stateshas assets worth $12.16 billion Bitcoin assetsIt has clearly left other countries behind.

This is the case in the United States crypto moneyreveals his approach to cryptocurrencies and his potential as a long-term cryptocurrency investor. On the other hand, United Kingdom‘s $3.67 billion Bitcoin holdings are also noteworthy. These figures can be considered as an indicator of state interest in cryptocurrencies in Europe.

Other Bitcoin-Rich States and Germany

Bhutan And El Salvador‘s Bitcoin investments at the government level are also quite remarkable. Bhutan ranks third with $782.46 million in Bitcoin assets, while El Salvador ranks fourth with $351.75 million in assets.

The most striking detail of the report is that Germany has reduced its previous reports of $3.56 billion worth of Bitcoin assets to zero, indicating a significant change in Germany’s approach to cryptocurrencies. GermanyAlthough no official statement has been made as to why ‘s Bitcoin assets were reset, this reset process shook the cryptocurrency market throughout the summer. As a matter of fact, the cryptocurrency market managed to emerge stronger by not being under this selling pressure.

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.

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