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How Germany’s Bitcoin disposal is impacting the crypto market

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Bitcoin [BTC] extended its rebound on the 10th of July, rising sharply above $58,000 as crypto markets displayed a sense of calm.

In the latest midweek price action, Bitcoin price shrugged off speculative selling pressure from the Germany’s accelerated BTC dumping.extended its rebound on the 10th of July, rising sharply above $58,000 as crypto markets displayed a sense of calm.The current ‘Fear’ index highlights the rapid shift in market sentiment, given the index hovered at the ‘Neutral’ zone last week and the ‘Greed’ zone last month.in a series of transactions on 9th July.

The wallet belonging to the German Federal Criminal Police Office had a balance of 22,847 BTC at press time, Though investors drew out from Grayscale Bitcoin Trust and Bitwise Bitcoin ETF on 9th July, the total net flow nonetheless remained positive. The DigitalX Bitcoin ETF will be listed under the ticker BTXX and is expected to begin trading on 12th July, the investment company said in an

 

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