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Fredag, 13 November, 0:46

ETF-marknaden02 jul 24 kl. 21:00

Bitcoin June Jitters: What Happened in Crypto This Month?

Montu (gud)
Montu (gud) · Foto: Wikimedia Commons


• Bitcoin’s Rocky Road: A Necessary Correction
• The Haunting Pressure of De-Dollarization
• Crypto is Complex? Think Again…
Bitcoin’s Rocky Road: A Necessary Correction
Bitcoin has had a tough month, losing around 12%, from around $71K, down to the $62K mark, as shown in Figure 3. This decline can be attributed to several selling pressures in the market. For example, the German government is offloading 50K BTC, $3B worth, seized from a pirated movie website, Movie2k, that operated a decade ago. We are seeing the early innings of this sell-off, as the associated wallet was seen transacting with centralized exchanges like Coinbase and Kraken.
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