May 11, 2025

Bitcoin Holds Above $57k; Mt. Gox & Germany Pressure Fades

1 min read

For the past few weeks, Mt. Gox and the German government’s BTC moves have been the key determinants of Bitcoin’s price. According to data from Arkham Intelligence, the German-linked BTC wallet now holds coins worth $1,308,651,208. Six hours ago, the government wallet moved 3.107 BTC worth $179.4 million. Bitcoin heads into uncharted waters BTC has …

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