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News Explorer — Bitcoin Price Sinks Below $64K as Germany Offloads BTC

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Jun 21, 11:15 am
Decrypt

Bitcoin Price Sinks Below $64K as Germany Offloads BTC

Bitcoin's price dropped 3.5% in the past 24 hours to around $64,700, with a 1.2% loss in the last hour alone. The slump may have been triggered by German authorities selling off seized Bitcoin assets worth about $3 billion. This sell-off, combined with wider negative sentiments in the financial markets, contributed to Bitcoin's recent decline.

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