Home Cryptocurrency Bitcoin (BTC) Price Slumps Below $58K Amid Mt. Gox, German Government Wallet Movements

Bitcoin (BTC) Price Slumps Below $58K Amid Mt. Gox, German Government Wallet Movements

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“Among the top reasons for the price drop was the German government moving more than $50 million to crypto exchanges, creating sell speculation in the market,” Lucy Hu, a senior analyst at crypto investment firm Metalpha, said in a Telegram message.

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