German Government Wallet Moves $200 Million in Bitcoin, Exerts Selling Pressure on BTC Price

Germany has once again made headlines with its substantial Bitcoin (BTC) movements. The German government-controlled wallet transferred $200 million worth of Bitcoin to various exchanges. Following the transaction, Bitcoin’s price dropped by 4.6%, falling from $57,600 to $54,900. Learn about Germany’s recent Bitcoin transfer and its impact on the market. Discover insights and future implications.