🚨‼️😳$BTC DROPPED😳😳‼️🚨ALERT

Bitcoin has dropped to its lowest point in four months, hitting $53,499 on Coinbase after news of a significant cold wallet transfer by Mt. Gox sparked a sharp market reaction. Over the last 24 hours, about $222 million in long Bitcoin positions were liquidated, contributing to a total crypto liquidation of $664.5 million—the highest in two months, according to CoinGlass.

The decline began on July 5 at 4:19 am UTC and represents Bitcoin's lowest level since late February, according to TradingView. Despite a slight recovery to $54,300, marking a 7.4% drop over the past day, market volatility persists. Ether and Solana also experienced notable declines, with ETH falling below $3,000 to $2,898.20.

In this volatile market environment, it's crucial for investors to stay informed and approach trading with caution.

#Write2Earn! #BinanceTournament #Megadrop #MtGoxJulyRepayments #IntroToCopytrading