Bitcoin remains relatively stable, recovering from a drop below $68,000. The recent activity of Mt. Gox, a defunct crypto exchange, has added to the uncertainty surrounding Bitcoin, as it transferred over 32,000 BTC ($2.2 billion) to unmarked wallet addresses, which could signal an upcoming transfer to exchanges and put selling pressure on Bitcoin’s price.
Despite this, Bitcoin is currently trading at just under $68,800, with a minimal change in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index, has experienced a slight decline of just over 0.5%.
