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cryptoJun 3, 2026, 3:29 AM

Crypto Market Roundup: Bitcoin Drop, Mt. Gox Transfer, Robinhood Canada, and More

Bitcoin fell below $68,000 triggering over $1 billion in liquidations, while Mt. Gox moved $731 million in BTC. Robinhood completed its acquisition of WonderFi to enter Canada, and Ripple expanded RLUSD to Turkey.

BTCUSD

In the past 24 hours, Bitcoin dropped below $68,000, leading to over $1 billion in leveraged position liquidations across the crypto market. Mt. Gox moved 10,306 BTC (approx. $731 million) to a new wallet for the first time in two months.

Robinhood officially entered Canada by closing its acquisition of WonderFi, a regulated digital asset platform. Ripple expanded its USD-backed stablecoin RLUSD to Turkey via partnerships with BiLira, Bitexen, and Bitlo.

Other notable developments: MoneyGram launched MGUSD stablecoin on Stellar; the European Central Bank said gold overtook U.S. Treasuries as the world's largest reserve asset; the U.S. Treasury sanctioned Iranian crypto exchanges; the SEC elevated digital assets to a strategic priority in its five-year roadmap; and the CLARITY Act was added to the U.S. Senate calendar.

Source: Cointelegraph