BTC traded sideways for another day as the recent price dump started to consolidate around the $60k mark. With the US expecting jobless claims data and PCE data tomorrow at 6.30 PM IST, traders could expect a rather silent move in the world’s top crypto.
There was recent news that the German government began selling BTC it recovered from seizing a dark website. Meanwhile, blockchain tracking firm ARKM intelligence reported that the US government is sending $240 million worth of BTC from the original dark web site Silk Road. This comes even as institutions are finally back buying the dip, inflowing $50 million in the last two days after 7 days of net outflows.
