Surge in Paper Bitcoin Drives Price Down as Spot BTC Remains Flat

Bitcoin’s ‘paper’ market sees significant growth amidst a declining spot price. Analyst Willy Woo discusses factors contributing to the recent bearish trend. Germany’s 10,000 BTC sale and Mt. Gox distributions are notable events, yet not major sell-off pressures. Discover how paper Bitcoin might be influencing the recent market trends amidst spot price fluctuations. The Rise