👀👀👀The reason for the decline, the German government sold 50,000 BTC?
💥💥💥Bitcoin ETF outflows $900 million, Bitcoin falls below $60,000
The price of BTC fell below $60,000 because the German government sold 50,000 BTC seized from a movie piracy website and BTC US stock ETF outflows $900 million.
This is the largest outflow of funds since the end of April. Bitcoin has fallen 14% from its near-record high of $74,000 in March.