๐ Bitcoin Bounces Back! ๐
Bitcoin (BTC) is showing some serious resilience, folks! After a brief dip to $56,616, BTC has rocketed over 20%, hitting $65,210. Glassnode credits this to the German government finally wrapping up their sell-off spree. ๐
Key highlights:
- German government sold off 48.8k BTC, mostly between July 7-10.
- ETFs saw a whopping $1B in inflows last week.
- Exchange flows are down, signaling reduced sell pressure.
What do you think? Is BTC ready for another moonshot? ๐ Drop your thoughts in the comments!