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Bitcoin

Bitcoin Falls Under $58,000 As Mt. Gox Selling Pressure Mounts

Bitcoin fell below $58,000 on Thursday as selling pressure keeps pushing investors out. The drop signal a bigger correction is likely, FXPro says.

By: Business Insider
  • Jul 16 2024
  • 5
  • 110 Views
Bitcoin Falls Under $58,000 As Mt. Gox Selling Pressure Mounts
Bitcoin Falls Under $58,000 As
Bitcoin fell below $58,000 on Thursday, reaching its lowest level since May. The decline puts bitcoin below its 200-day moving average, which could signal a downturn, FXPro's Alex Kuptsikevich said. Investors are unloading the token as fear mounts of... [2685 chars]

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