From Investing.com: 2024-05-29 01:24:10

Bitcoin price slightly up, trading cautiously amid U.S inflation and interest rate concerns. Mt Gox planning to repay creditors, no immediate Bitcoin sales reported. Price at $68,826.3, within $60,000 to $70,000 range.

Mt Gox moves $9 billion in Bitcoin, sparking speculation of token offload. Reports clarify no immediate sales planned, preparations for creditor repayment ongoing. Former CEO predicts eventual token distribution without imminent sale.

Altcoins like Ether rise, with SEC progress on ETF approval driving gains. Some altcoins edge up, concerns over interest rates and inflation linger. Focus on upcoming inflation data influencing Fed’s interest rate decisions.

Read more at Investing.com: steady at $68k amid rate fears, MT Gox risk eases By Investing.com