Bitcoin Drops Below $53,500 Causing Market Panic: Ethereum Faces Critical Support Levels

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1 year ago bitnews

The cryptocurrency market is experiencing intense volatility as Bitcoin (BTC) tumbles below $53,500. Concerns are mounting due to considerable BTC transfers from the Mt. Gox cold wallet and a German government-controlled address. These massive transactions, totaling around 87,000 BTC, have incited fear among investors, causing significant declines in altcoins. Discover the latest crypto-market developments, focusing