Bitcoin News: Trump Media Moves 4.2K BTC as Its Price Hits $80K
Photo: The Coin Republic
Key Insights: The latest Bitcoin news showed Trump Media moving 4,259 BTC to Crypto.com. BTC price rebounded above $80,000 after Democrats won both chambers of Congress. US spot Bitcoin ETFs logged $514.2M in outflows during the first two sessions of November. Trump Media moved about 4,259 Bitcoin (BTC) to Crypto.com on Nov. 5, according to Lookonchain. The coins were worth around $343.67 million at the time. Bitcoin News: Trump Media Transfer Raised Selloff Fears Lookonchain asked on X whether Trump Media was dumping BTC. The coins were moved in two transfers of 2,140 BTC and 2,119 BTC.
Also reported by Crypto News Flash.
Source: The Coin Republic
