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Home Bitcoin News

SpaceX Releases 373$ Million dollars of Bitcoin

Hania by Hania
August 18, 2023
in Bitcoin News
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SpaceX Releases 373$ Million dollars of Bitcoin
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Table Of Content:

  • SpaceX Dropped Bitcoin
  • Bitcoin’s Current Stand

Investors have confirmed with a shock that the value of the Bitcoin token has taken a nasty dip to 26k after SpaceX decided to sell it gaining 373 Million dollars. Get the full details below.

SpaceX Dropped Bitcoin

Bitcoin has dropped below 27000$ within the last few hours and investors believe that it will continue to drop further. The investors were actively waiting for the value to surpass the 31000$ mark this year but it looks like they will have to put on hold their expectations. SpaceX took 1 year to buy all this Bitcoin and it comes as a tragedy when it sold it in large amounts especially when its value reached up to 373$ Million.

The new support levels that the token stands on at this point are 25,400$.

SpaceX Releases 373$ Million dollars of Bitcoin
Source: TradingView

Bitcoin’s Current Stand

According to the time of writing, the price of Bitcoin is at 26,527.60$ and has a market capitalization of 516.25 B USD. The reports are in line with the statistics on Binance. The volume of tokens traded within the last 24 hours stands at 34.36 Billion and a circulation supply of 19.64 Million has been recorded.

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Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

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