The action of the German BKA wallet has successfully shaken the Bitcoin market, albeit briefly.
Recently, the German government sold all 50,000 confiscated BTC from its wallet to exchanges and market makers. However, a small amount of Bitcoin found its way to the BKA wallet.
According to data from Arkham, the German government received 0.0000321 BTC from unknown individuals two hours after the last assets were sent.
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A few Bitcoin enthusiasts donated a total of $230 to the German government’s wallet, bringing the balance to 0.004 BTC or $246.
At the time of writing this article, the leading cryptocurrency is trading at a price of $58,684, indicating a slight recovery and a 1.40% increase over the past 24 hours.
On the other hand, the daily trading volume recorded a decline of 45%, reaching $14 billion, while the total market capitalization reached $1.15 trillion.
