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Bhutan's $22M BTC Move: Volatility at $70K Fuels Debate!
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FXStreet: BTC $65K recovery to $70K, but under pressure.
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News: Bhutan quietly sold $22M (Yahoo), triggering sell-off fears (CoinDesk). Facts: Holdings 5,700 BTC, $765M mining profits (Phemex). Analysis: Strategic for city funding amid downturn, but signals broader sovereign caution. Meaning: Validates BTC as reserve asset, like gold for small nations. Value: Dips flush speculation—options expiry could trap bears (CoinDesk).
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