Bitcoin price wobbles at $61K as US gov sends 4K BTC to Coinbase
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Bitcoin attempts to digest news that the U.S. government has joined Germany in selling off a portion of its BTC holdings.
Bitcoin (BTC) price returned to $61,000 on June 26 as details emerged of an incoming BTC sale by the United States government.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD struggling to hold the prior day’s gains after the Wall Street open.
Uncertain BTC price behavior came as news spread of coins from a wallet known to belong to the U.S. establishment were sent to exchange Coinbase.