Mt. Gox Moves 140,000 Bitcoin in Just 3 Hours – Market Reacts

Mt. Gox Moves 140,000 Bitcoin in Just 3 Hours According to CoinMarketCap, Bitcoin‘s price surged to $64,900 this morning before plummeting to $62,500. This sharp decline is attributed to the massive movements by the Mt. Gox exchange. Within a span of just 3 hours, Mt. Gox, which is currently engaged in reimbursing funds to its creditors, moved approximately 140,000 bitcoins worth nearly $9 billion.

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