Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements

Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements

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Source: Coindesk.com

Bitcoin dropped under $58,000 for the first time since May, marking a 5% loss in 24 hours. Mt. Gox wallets, dormant for a month, showed activity with test transactions, hinting at potential asset distributions and increased selling pressure.

Bitcoin (BTC) plunged under $58,000 in European morning hours, extending 24-hour losses to

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The post "Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements" appeared first here Coindesk.com.

Source: Coindesk.com

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