Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

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Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown

July 12, 2024 Bitcoin.com

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Source: Bitcoin.com

The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust repayments have contributed to market volatility. Coinbase Institutional Highlights Bitcoin Sales Impact on Crypto […]