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\u2019s top crypto.<\/p>\n\n\n\n
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.<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s top crypto. There was recent news that the German government began selling […]<\/p>\n","protected":false},"author":93,"featured_media":40469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-40668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=40668"}],"version-history":[{"count":4,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40668\/revisions"}],"predecessor-version":[{"id":40677,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40668\/revisions\/40677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40469"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=40668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=40668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=40668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}