The declining confidence comes amid continued downward pressure on BTC, which has fallen more than 5% in the last 24 hours to recently trade hands at $67,312. Bitcoin has now dropped more than 12% in the last week of trading.
Mt. Gox Moves $739M in Bitcoin as Repayment Deadline Looms
As it stands, Bitcoin is now trading below $68,000 for the first time since April 5, according to data from CoinGecko. At that marker, BTC sits 46% off its all-time high of $126,080.
