📉 Bitcoin (BTC) hits a 5-month low, dropping to $53,485 amid whale selloffs and miner capitulation. Meme coins like BONK, WIF, PEPE and BRETT rally, recording gains of over 15%. 🐳 German government continues to distribute seized BTC, adding to market pressure. Mt. Gox starts creditor repayments, further contributing to the BTC selloff. Circle secures first stablecoin license under MiCA, paving the way for USDC services across the EU. What do you think about these market trends? Share your thoughts below! 👇