BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets

BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets

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Source: Coindesk.com

Mt. Gox moved of over 32,000 BTC ($2.2 billion) to new wallet addresses in preparation for future sales. The ongoing repayment plan, now extended to October 31, 2025, involves significant bitcoin transfers which affect market volatility.

Bitcoin (BTC) prices dropped early Tuesday as defunct crypto exchange Mt.Gox processed its largest transfer

Read More https://www.coindesk.com/markets/2024/11/05/btc-drops-under-68k-as-mtgox-sends-22b-bitcoin-to-two-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets" appeared first here Coindesk.com.

Source: Coindesk.com

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