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Don't Panic!
The German government has resumed its Bitcoin sell-off, moving about 3,100 $BTC worth around $178 million on July 9th. This substantial action could influence market trends, so stay alert and make informed trading decisions!
#MarketSentimentToday
#BTC_Bounce_Back_to_57k
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US PPI data release today. Looking forward to the ETH ETF launch!
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Selling Pressure is Over! The German government created panic in the crypto market by selling off its Bitcoin. Despite this, the market absorbed the pressure, and now Germany's Bitcoin wallet is down to 9,094 BTC, just 18% of its original holdings. After a series of transfers to exchanges, the wallet briefly dipped below 5,000 BTC but later regained some funds. With only a few BTC left, the impact of Germany's selling spree is diminishing. #MarketSentimentToday #SOFR_Spike #CPI_BTC_Watch
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