![German Government Dumps 1300 Bitcoin, Holds 40,359 BTC](/image/66868d96cadb9.jpg)
The German government has transferred another stash of Bitcoin to major cryptocurrency exchanges. This action, occurring amidst a broader market downturn, has raised questions about its potential impact on Bitcoin’s price. Breaking Down the Bitcoin Transaction According to blockchain intelligence firm Arkham, the German government moved a total of 1,300 BTC to Bitstamp, Coinbase, and …
CryptoNewsZ
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Bitcoin Price Plunge Sparks Second Largest Crypto Liquidation Event in History
![The cryptocurrency landscape has faced significant upheaval today, witnessing the second-largest liquidation event in its history, wiping out nearly $700 million in long positions overnight. As Bitcoin’s value plummeted below the critical $54,000 mark, the market’s vulnerability became apparent, triggering a chain reaction of sell-offs and further liquidations. Market experts are sounding alarms about the](/image/6689aba316f9e.jpg)
The cryptocurrency landscape has faced significant upheaval today, witnessing the second-largest liquidation event in its history, wiping out nearly $700 million in long positions overnight. As Bitcoin’s value plummeted below the critical $54,000 mark, the market’s vulnerability became apparent, triggering a chain reaction of sell-offs and further liquidations. Market experts are sounding alarms about the CryptoNewsZ
![Crypto analysts have used several on-chain metrics and indicators to analyze whether or not the Bitcoin top is already in for this bull run. This time, crypto analyst Thomas has alluded to USDT’s dominance to determine Bitcoin’s market top. How USDT’s Dominance Predicts The Top For Bitcoin Thomas claimed in an X (formerly Twitter) post](/image/668a13f0c4785.jpg)
Bitcoin Cycle Peak: How The USDT Dominance Could Predict The Top
Crypto analysts have used several on-chain metrics and indicators to analyze whether or not the Bitcoin top is already in for this bull run. This time, crypto analyst Thomas has alluded to USDT’s dominance to determine Bitcoin’s market top. How USDT’s Dominance Predicts The Top For Bitcoin Thomas claimed in an X (formerly Twitter) post CryptoNewsZ