Bitcoin Hits $100K – And Mt. Gox Makes A $2.4 Billion Power Play 🚀
Bitcoin has reached an all-time high, surpassing the $100,000 mark. This milestone, anticipated by many crypto analysts, signifies a significant moment in the cryptocurrency market.
Meanwhile, Mt. Gox, a cryptocurrency exchange that has been dormant for years, capitalized on this price surge. The exchange transferred more than 24,000 bitcoin coins to a new wallet, making a $2.4 billion move.
This monetary maneuver by Mt. Gox highlights the impact of Bitcoin's price rise on dormant assets and entities.
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