After weeks of relentless selling, the German government sold off the final tranche of its Bitcoin (CRYPTO: BTC) holdings last Friday. Interestingly enough, the market unexpectedly rose immediately after. What Happened: Nearly 50,000 Bitcoins recovered from asset seizures were dumped by the government in the last three weeks, exerting significant downside pressure on the price of the digital currency. Indeed the price struggled to break above $60,000 during this period, even plunging to a four-month low of $54,000. However, true to its unexpected nature, the marketrebounded strongly a day afte…
