Trump Media & Technology Group moved 2,650 Bitcoin worth about $205 million to Crypto.com, sparking online claims that the company was dumping its crypto holdings. A spokesperson later clarified the transfer was part of routine trading activity, not a full-scale sale. The company still reportedly holds nearly 6,900 Bitcoin despite heavy unrealized losses after buying at higher prices. The episode highlights how quickly crypto rumors can spread and shake sentiment, especially when politically linked firms are involved. Investors will now watch whether Trump Media changes its broader crypto strategy.
The post Trump Media’s Bitcoin Transfer Triggers False Sell-Off Rumor appeared first on Coinpedia Fintech News Trump Media & Technology Group moved 2,650 BitcoinThe post Trump Media’s Bitcoin Transfer Triggers False Sell-Off Rumor appeared first on Coinpedia Fintech News Trump Media & Technology Group moved 2,650 Bitcoin
Trump Media’s Bitcoin Transfer Triggers False Sell-Off Rumor
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