“Bitcoin is back at $57K after a failed assault on $60K on Thursday,” shared Alex Kuptsikevich, FxPro senior market analyst, in an email to CoinDesk. “German authorities are actively selling off previously confiscated Bitcoins. This volume is not huge, but some potential buyers prefer to stay on the sidelines, seeing the overhang of sales.”
Related posts
-
‘$600M Would Buy a Lot of Bitcoin’: Microstrategy Boss Steers Bezos Wedding Drama Toward Crypto
Michael Saylor, co-founder and executive chairman of Microstrategy, brought bitcoin into the spotlight during an online... -
El Salvador Reinforces Bitcoin Allegiance: Purchases BTC in Defiance of IMF Agreement
The government of El Salvador has clarified that it will continue pushing bitcoin as part of... -
XRP Historic Moment Coming In 2025? This Crypto Exchange Believes So
In the cryptocurrency space, XRP is gaining much attention, and many people are making predictions regarding...