Bitcoin Drops Below $70,000 Amid Mt. Gox Transfer and MicroStrategy Sale

Bitcoin fell below $70,000 after a large on-chain transfer by defunct exchange Mt. Gox moved approximately 10,422 BTC ($739 million) to new wallets. Additionally, MicroStrategy sold 32 BTC for around $2.5 million, breaking its accumulation streak.

By Luis Blanco Tue, June 2, 2026 at 11:41 AM GMT+3 4 min read · Yahoo Finance · June 2, 2026, 08:41 UTC

Bitcoin Drops Below $70,000 Amid Mt. Gox Transfer and MicroStrategy Sale

Tickers: $BTC $MSTR

Topics: Bitcoin price drop Mt. Gox transfer on-chain analytics Strategy Bitcoin sales

Read the full article at Yahoo Finance

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