Bitcoin Expected to Drop to $49K Following Sale of 5,000 BTC by Major ‘Trump Insider’ Whale

Bitcoin experienced a recovery today, climbing back above the $70,000 mark. Despite this rebound, its value has decreased by 27.9% in the last thirty days. Market sentiment remains tense, with CoinMarketCap’s Fear & Greed Index stuck at 11, signaling an atmosphere of “Extreme Fear.” Experts are closely monitoring the situation as Garrett Jin, known as a “Trump insider whale,” offloads significant amounts of Bitcoin.