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Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’

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BTC saw one of its steepest falls last week as prices fell more than 8% in the span of a few hours on Friday, falling to as low as $53,600 shortly after Mt. Gox started moving millions worth of the token to the Japan-based bitBank exchange. The exchange’s trading desk, however, told CoinDesk in a Monday email that they expect lesser market impact from Mt. Gox’s wallet movements ahead.

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