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Bitcoin drops to $61,300 amid Mt. Gox BTC movements sparking selloff fears

Market News
05 Jun 2026
Bitcoinist
View Source
Bearish
pluang ai news

Bitcoin's price fell to $61,300 following the movement of BTC by Mt. Gox, the infamous defunct exchange. This activity has raised concerns among investors about a potential selloff, as large transfers from Mt. Gox wallets often signal upcoming market pressure. The situation is being closely monitored as it could impact Bitcoin's short-term price stability.

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