Investing.com — Bitcoin slightly declined on Monday after the weekend rally as the market awaits new signals on cryptocurrency policy from incoming U.S. President Donald Trump.
Concerns about a possible sell-off from the defunct Mt. Gox exchange have also intensified after a wallet associated with the exchange moved coins worth over $2 billion last week. Such movements typically herald an event related to fund distribution, as Mt. Gox still holds billions of dollars in bitcoin that it plans to return to creditors.