Whales are buying Bitcoin as setbacks slow the bulls' uptrend. Bitcoin price fell to lows of $65,911 after the U.S. government transferred its Silk Road BTC. Bitcoin pulled back from the daily highs around $70,000 on Monday, erasing gains made following former U.S. President Donald Trump's hints at the recent Bitcoin 2024 conference. Nevertheless, the upward movement continued.
The post "Whales buy more Bitcoin after recent pullback" appeared first on CoinJournal.