Big news in the world of Bitcoin! Mt. Gox, an old Bitcoin company that had problems, moved a HUGE amount of Bitcoin recently. This happened as the price of Bitcoin went down a bit.
- Mt. Gox moved almost a billion dollars worth of Bitcoin!
- This is the second big Bitcoin move in just one week.
- The Bitcoin price dropped, then went back up a little.
| Fact | Number |
|---|---|
| Amount of Bitcoin moved | 11,833 |
| Value in dollars (approximately) | $931,000,000 |
| Cost to move | $2.13 |
| Mt. Gox's remaining Bitcoin (approx value) | $1.94 Billion |
Experts have different ideas about what will happen next. Some think the price will go lower. Others think it might go up later. Remember, investing in crypto is risky!
