Bitcoin Bombshell: US Government Moves $966M in BTC to Coinbase Prime😱😱😱‼️‼️‼️
In a shocking transfer, the US Government has shifted 15,940 BTC (worth $966.4M) to Coinbase Prime in three separate transactions. But what does this mean for the market?
BTC Takes a 5% Hit After Government Transfer
The transfer sparked a 5% price drop, but is there a direct connection? Institutional investors are now holding their breath as Coinbase Prime prepares for potential trading and investment.
Big Bitcoin Moves Can Shift Market Sentiment
Will this transfer impact the market price? Only time will tell, but one thing's for sure - institutional actions can significantly influence cryptocurrency dynamics.
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