Bitcoin's price has fallen as ETF inflows have turned negative, coinciding with the transfer of billions of dollars' worth of Bitcoin from the Mt. Gox exchange. The recent movement of 40,000 BTC, valued at approximately $2.5 billion, has raised concerns about potential sell-offs in the market. As a result, Bitcoin's price has dropped to around $64,500, reflecting the market's reaction to these developments. Analysts suggest that the combination of negative ETF sentiment and the Mt. Gox transfer is contributing to the downward pressure on Bitcoin.Read more on Decrypt
Bitcoin Slides as ETF Inflows Reverse and Mt. Gox Moves Funds
