📉 Bitcoin’s price fell further on August 15 as the U.S. government transferred 10,000 $BTC, worth $581 million, to Coinbase, heightening market selling pressure.
🇺🇸 Despite positive U.S. inflation data, Bitcoin remains under pressure due to this ongoing sell-off narrative. Analysts suggest that the sale itself isn’t fundamentally impactful, but bearish sentiment has intensified the market reaction.
Will we see a reversal soon?
👍 - Hopefully!
👎 - No way!