Bitcoin Price (BTC) Hits $70K and Then Quickly Reverses

Indeed, earlier in July, bitcoin plunged below $54,000 as a German government entity began unloading its stash of 50,000 tokens seized as part of a criminal case. Yet just a couple of days before August hits, bitcoin is poised to close the month with a sizable gain from the $63,000 area in which it begun.

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