Bitcoin in big Pressure, Price falls to less than USD 60,000, Defunct Exchange Mt Gox Moves USD 700 Crore in Bitcoin

The price of Bitcoin, the largest cryptocurrency in terms of market capitalization, declined by about 2.8 percent on Wednesday to about $59,397. The move of almost two billion dollars worth of cryptocurrencies by the bankrupt crypto exchange Mt Gox may increase the decline in the crypto market. A wallet linked to Mt Gox has moved…

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