Bitcoin broke through multiple barriers during the day, and stocks related to cryptocurrencies fell before the market. They fell more than 9%, more than 7.5%, nearly 7%, and more than 6% respectively. On the news front, Bitcoin lost the $54,000/coin support level and fell more than 7.5% during the day. Ethereum is currently down more than 6%. In addition, the German government reportedly transferred another part of its large Bitcoin reserves to an exchange. According to blockchain data, the Federal Criminal Police Office of Germany (BKA) transferred about $75 million worth of Bitcoin in multiple transactions on July 4. These funds are distributed on exchanges, including Coinbase, Kraken, and Bitstamp. Since mid-June, the German government has transferred about $0.315 billion worth of Bitcoin to various platforms.$MicroStrategy (MSTR.US)$They fell more than 9%.$Riot Platforms (RIOT.US)$They fell more than 7.5%.$CleanSpark (CLSK.US)$They fell nearly 7%.$Coinbase (COIN.US)$fell more than 6%.
On the news front, Bitcoin fell below $54,000 per coin and dropped 7.5% within the day; Ethereum is currently down more than 6%. In addition, the German government reportedly moved another portion of its large Bitcoin reserves to exchanges. According to blockchain data, the Federal Criminal Police Office (BKA) of Germany transferred about $75 million worth of Bitcoin in multiple trades on July 4th. The capital size of these transactions is distributed on exchanges including Coinbase, Kraken, and Bitstamp. Since mid-June, the German government has transferred approximately $0.315 billion worth of Bitcoin to various platforms.