Bitcoin Faces Market Turbulence Amid German Government Sales and ETF Inflows

Crypto markets experience volatility as Germany offloads seized Bitcoin while spot ETFs see significant investments.

Bitcoin's price hovers around $57,000 following a volatile week marked by large sales and inflows.
Germany has sold over $2 billion in Bitcoin, with significant transfers to exchanges like Kraken and Coinbase.
Spot Bitcoin ETFs recorded nearly $300 million in net inflows, suggesting institutional interest despite market fluctuations.
Mt. Gox repayments and German sales are expected to continue impacting Bitcoin's price in the short term.
Analysts remain cautiously optimistic, predicting potential rebounds and long-term growth for Bitcoin.