Bitcoin (BTC) struggles around the $67,000 mark and declines by 1.7% at the time of writing on Tuesday at around $66,350.
Bitcoin spot ETFs received $530.20 million of inflows on Monday. The US Government's and Mt. Gox funds movement on Monday may negatively impact Bitcoin 's price. On-chain data shows that Bitcoin Exchange Depositing Addresses are decreasing, signaling growing confidence among investors. Bitcoin struggles around the $67,000 mark and declines by 1.7% at the time of writing on Tuesday at around $66,350. Bitcoin spot ETFs saw significant inflows of $530.20 million on Monday.
Mt. Gox addresses deposited $1 to 4 separate Bitstamp deposit addresses. Bitstamp is 1 of 5 exchanges working with the Mt. Gox Trustee to facilitate creditor repayments. Mt. Gox currently holds: $6.08B in BTC These transfers are likely to… pic.twitter.com/uyOLL7O065 — Arkham July 22, 2024 Furthermore, data from Lookonchain reveals that the US Government transferred 58.74 BTC valued at $3.96 million to CoinbasePrime, increasing its total holdings to 213,239 BTC worth $14.42 billion.
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