Source: Coindesk.com
The slump coincides with defunct crypto exchange Mt. Gox moving $2.6 billion worth of BTC to a new wallet prior to commencing creditor repayments. Michael Saylor's software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led the declines.
U.S. crypto-adjacent stocks were in the red in pre-market
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Source: Coindesk.com
