Post
Michael 897
1. Who Is Dumping? The US Government Deposits Coins, the Market Scares Itself
BTC dropped from 87,000 to 80,400, now bouncing at 82,500; ETH rolled from 2,777 to 2,405, rebounding to 2,500 and holding. The US government deposited 17,733 BTC worth 1.48 billion USD into exchanges over three days, causing a 6.9% price drop. They say it’s just storing coins, but the market interprets it as dumping. The crypto world doesn’t need actual selling, just the perception that you’re selling.
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$80,633.1-0.01%
ETH/USDTEthereum
$2,366.82-0.02%
OKB/USDTOKB
$108.51-0.03%
Today’s market buzz
1#WillFedPauseInOctober
2#AIMemoryDemand
3#MiddleEastOilSupplyRisk
