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Bankless
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Bitcoin Amid Market Pressure
This chapter explores the recent acquisition of 1,000 Bitcoin by an individual and the implications of the U.S. government's decision to sell 69,000 Bitcoins. It delves into the approval for liquidating seized Bitcoins and the ongoing selling pressure affecting Bitcoin and Ethereum. The discussion reflects cautious optimism for future market performance amidst significant market cap fluctuations and comparisons with traditional stock performance.
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