Half a billion in Bitcoin makes unexpected entrance at major US exchange, sparking fear, uncertainty and doubt among crypto market participants
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The timing of this transfer is noteworthy, occurring amid recent volatility in Bitcoin's price. Earlier this week, the cryptocurrency experienced a notable decline from $71,300 to $64,500, representing a 9.6% decrease over two days. Prior to the transfer, Bitcoin's price rebounded by 3.2%, surpassing the $66,000 mark. The market's response to this significant transfer raises questions about its potential impact.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Unified Liquidity Platform Range Protocol Unveils Skate: The First Universal Application Layer Powering Apps to Run on All Chains With One State
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