![Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements](https://www.coindesk.com/resizer/dJ653ep9gHQl4zDbhfi87aUb4ww=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/W4MYRF5BRFBO5ASUHDGESENLZ4.jpg)
Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
CoinDeskA wallet belonging to a German official entity moved its largest stash of BTC to exchanges earlier today, while Mt. Gox wallets showed activity for the first time in a month.