๐ Bitcoin Market Faces $14 Billion Selling Pressure
๐ป Bitcoin could experience significant selling pressure as nearly $15 billion worth of Bitcoin may soon enter the market. This includes over 203,000 BTC held by the U.S. government and 46,000 BTC set to be distributed by the defunct exchange Mt. Gox.
๐กAnalysts suggest this influx could further suppress Bitcoin prices, which are already struggling to stay above $60,000.
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