Good day! We share what you need to know to get started this Thursday.

🔵The price of Bitcoin fell at times below USD 57,000, its lowest price since May 1. At the time of publication it has recovered slightly, trading at USD 57,893.

🔵The price drop comes amid a second day of outflows in bitcoin spot ETFs in the United States, having recorded a negative flow of USD 20 million yesterday.

🔵The German government today transferred 1,300 BTC (approximately USD 75M) to exchanges, which adds up to more than $800 million in seized bitcoins sold in the last two weeks between Germany and the United States.

🔵Bitcoin Cash will be the main loser of the release of funds from Mt. Gox. According to analyst Peter Chung, almost all of the BCH will be sold when released, while there will be hodlers who will safeguard their BTC.

🔵Despite the new boost that the Bolivian government seeks to give to Bitcoin, according to macroeconomist Jonathan Furton, the Andean country faces a delay in technological infrastructure as an obstacle.

At this time, high priority fees in Bitcoin reach 15 sats/vB (around USD 1.21), while in Ethereum the highest priority fee is 13 gwei (USD 0.80).