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