The Bhutan Government is cutting its Bitcoin holdings again as the BTC price weakness continues. Today, the Royal Government of Bhutan reduced its Bitcoin stash to 5,600 BTC, valued near $385 million. The move comes as market sentiment worsens, with CoinMarketCap’s Fear & Greed Index falling to 8, even as Bitcoin showed a slight recovery.
The post Bhutan Government Cuts Bitcoin Holdings as Standard Chartered Predicts BTC Price Crash To $50k appeared first on CoinGape.
