Mt. Gox moves 11,501 Bitcoin to unmasked wallet after price drops under 77,000 USD

Mt. Gox transferred 11,501 Bitcoin, worth around 905 million USD, following a trial move to BitGo. The exchange still controls over 35,915 Bitcoin, totaling approximately 2.8 billion USD.

Market experts forecast Bitcoin could face further drops, possibly testing support around 75,000 USD and 72,000 USD, while aiming for future rebounds towards 80,000 to 85,000 USD.

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