Recently, the German government has been selling BTC, which has also caused certain price fluctuations.
But the price of BTC is definitely not only affected by Germany,
but also by the entire international situation, the US election, the Fed's interest rate cuts, etc.
From the data in the figure below, we can understand the number of BTC held by governments of various countries.
The US government holds the most,
with more than 210,000 BTC, currently worth more than 13 billion US dollars,
The Chinese government's holdings rank TOP2, holding 190,000, which is also a huge amount.
Will governments sell BTC from time to time in the future?
On the one hand, they will confiscate the BTC of ordinary users, and on the other hand, they will sell it for profit😂
El Salvador is too bold, planning to buy one BTC every day,
Let the entire crypto market work for it😂
