Bitcoin price today: stays below $63k amid Mt Gox fears, rate jitters

Bitcoin price today: stays below $63k amid Mt Gox fears, rate jitters

Investing.com– Bitcoin price moved little on Tuesday as anticipation of token distributions from the now defunct exchange Mt Gox, along with closely-watched cues on interest rates, kept crypto markets in check.

Fund flow data showed digital assets marking a third straight week of outflows, although sentiment appeared to be improving after steep outflows through June. 

climbed 0.1% in the past 24 hours to $62,736.2 by 08:28 ET (12:28 GMT). The world’s biggest cryptocurrency was nursing steep losses through June, and remained within a trading range of $60,000 to $70,000 seen through most of the second quarter.

Bitcoin price subdued amid Mt Gox sale fears 

Sentiment towards Bitcoin showed limited signs of improving, especially as the managers of Mt Gox said they will begin distributing Bitcoin stolen during a 2014 hack in early-July, returning the tokens to clients of the exchange. 

Mt Gox…
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