Report post

How much does it cost to buy 5 bitcoin?

The current value of 1 BTC is $63,101.25 USD. In other words, to buy 5 Bitcoin, it would cost you $315,506.27 USD. Inversely, $1.00 USD would allow you to trade for 0.000016 BTC while $50.00 USD would convert to 0.000792 BTC, not including platform or gas fees. In the last 7 days, the exchange rate has increased by 0.15%.

How much is bitcoin worth after Mt Gox bankruptcy?

Bitcoin was trading at roughly $600 at the time of the bankruptcy. Today, it is worth more than $54,000 — an almost 9,000% increase. According to data from Arkham Intelligence, on Thursday and Friday, Mt. Gox moved billions of dollars in bitcoin from its crypto wallets ahead of the repayment memo.

Why has bitcoin declined 8% in the past two days?

Bitcoin has declined 8% in the past two days amid selling by Mt. Gox bitcoin recipients and government wallets. The bankrupt Mt. Gox still holds about 140,000 bitcoin and has started to repay creditors and former customers. The negative price action in bitcoin since the start of July has broken several technical support levels.

The World's Leading Crypto Trading Platform

Get my welcome gifts