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Bitcoin Market Rattled by Large Mt. Gox Transfers Totaling $1 Billion

Summary by Coin Edition
Mt. Gox’s Bitcoin transfer sparks market fears, leading to panic selling.   Trump’s recession fears and tariff comments add pressure on crypto markets.   Bitcoin diverges from altcoins as a hedge against economic instability. The cryptocurrency market took a sharp downturn this week. The move appears linked partly to large Bitcoin transfers emerging from wallets associated with the defunct Mt. Gox exchange, combined with rising concerns about a …
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Bitcoin Market Rattled by Large Mt. Gox Transfers Totaling $1 Billion

Mt. Gox’s Bitcoin transfer sparks market fears, leading to panic selling.   Trump’s recession fears and tariff comments add pressure on crypto markets.   Bitcoin diverges from altcoins as a hedge against economic instability. The cryptocurrency market took a sharp downturn this week. The move appears linked partly to large Bitcoin transfers emerging from wallets associated with the defunct Mt. Gox exchange, combined with rising concerns about a …

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Coin Edition broke the news in on Saturday, March 29, 2025.
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