Mt. Gox exchange transfers $1 billion in Bitcoin amidst price drop, causing a 2.4% decrease. Find live digital currency prices on the momentary price page.
The bankrupt Mt. Gox exchange transferred nearly $1 billion worth of Bitcoin. This is the second major Mt. Gox transfer in less than a week, coinciding with Bitcoin’s fall to its lowest level in four months. Recent transfers caused a 2.4% drop in Bitcoin’s price. Although Bitcoin has rebounded to around $80,000, experts predict it may drop to $70,000.
