Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers

Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000.

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Bitcoin (BTC) price rallied to $65,200 after the market shrugged off the recent BTC transfers by Mt. Gox. 

Data from Cointelegraph Markets Pro and TradingView shows that Bitcoin turned up from a low of $62,410 on July 15 to an intra-day high of $65,240.

The last time Bitcoin traded above $65,000 was on June 18, when it dropped from$66,574 to $53,499 on July 5, fueled by German government BTC sales.

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