LIVEN Marjan
@NiloyMarjan
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Bitcoin (BTC) July 31, 2024 News
On July 31, 2024, Bitcoin ($BTC ) experienced a notable decline, currently trading around $65,810. This drop comes after a recent peak near $70,000, which was influenced by several key factors.
1. US Government's Bitcoin Transfers: The US government transferred $2 billion worth of BTC to two new addresses. This move, along with concerns about potential future sales, triggered market anxiety and contributed to the price drop
2. ETF Outflows: There has been a notable outflow from US Bitcoin spot
1. US Government's Bitcoin Transfers: The US government transferred $2 billion worth of BTC to two new addresses. This move, along with concerns about potential future sales, triggered market anxiety and contributed to the price drop
2. ETF Outflows: There has been a notable outflow from US Bitcoin spot
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