Bhutan transfers $107M in Bitcoin as whales stir after Fed cut
NeutralCryptocurrency

Bhutan has made headlines by transferring $107 million in Bitcoin, coinciding with a period of market volatility following a recent interest rate cut by the Federal Reserve. Analysts suggest that this move could signal a recalibration among investors, as such adjustments often occur in the wake of changes in monetary policy. This development is significant as it highlights the growing intersection of traditional finance and cryptocurrency, and how global events can influence digital asset markets.
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