BITCOIN, NEXT MOVE
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BTC bears the burden of Tesla’s dislike for Bitcoin as bulls retreat from monthly peak. However, the Bitcoin pair remains mildly bid at around $23,200 during early Thursday as traders brace for fresh clues.“Tesla sold $936 million worth of bitcoin in the second quarter, more than a year after the company bought $1.5 billion of the cryptocurrency at the peak of its massive growth and popularity,” said Reuters. The news also mentioned that the automaker sold 75% of its Bitcoin holdings. Tesla’s CEO Elon Musk added that Tesla did not sell any of its dogecoin, a meme-based cryptocurrency that he has touted, as reported by Reuters.
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