The Royal Government of Bhutan has been selling Bitcoin (BTC) in a major way. On November 14, the Bhutan government moved 367.263 BTC, valued at approximately $33.51 million, to Binance crypto exchange, adding to previous transfers. This move aligns with Bitcoin’s recent rally, which pushed the crypto to new highs above $90,000.
Despite the selloff, Bitcoin’s price remained strong at $91,022.58, and its market cap is at $1.80 trillion. Analysts are optimistic, with Michael Saylor expecting to reach $100,000 soon.
