The German government sold Bitcoin and made a small profit of $3 billion, which is just a drop in the ocean of their annual income of 440 billion euros, just like occasionally selling old goods on Xianyu.
This insignificant profit has caused a month of commotion in the currency circle, perhaps just a reason for everyone to explain the market fluctuations. Even if Bitcoin is included in the ETF, it seems that it has not won the hearts of traditional investors, but its fragility has not affected the long-term optimism of people in the circle.
From another perspective, the gradual popularization of Bitcoin indicates the growth of the wealth effect, so despite the ups and downs of the market, the prospects of the cryptocurrency industry are still bright. The 15-year development process is already amazing enough.
