The German government has sold all of its Bitcoin holdings, totaling $2.9 billion, sparking a range of reactions from the cryptocurrency community. Some see this as a positive development, suggesting that the selling pressure from the government is over and anticipating a potential market recovery.
Despite the significant sell-off, Bitcoin’s price remained stable, indicating strong buying interest from other market participants.
The event has been a topic of discussion among cryptocurrency enthusiasts and analysts, with some expressing relief and others criticizing the decision as a missed opportunity.
