Bitcoin Stumbles as Germany Liquidates $150 Million in Seized Crypto

The German government has recently transferred a substantial amount of Bitcoin to centralized exchanges, fueling market discussions and speculations. According to data from blockchain analytics firm Arkham, the German Federal Criminal Police Office (BKA) moved another 250 BTC to exchanges such as Kraken and Coinbase. This Bitcoin is worth about $15.4 million. A transfer that follows a series of similar moves last week. In total, around $150 million worth of Bitcoin has been sent to various exchange addresses. The German authorities’ Bitcoin…