![Mt. Gox Transfers .7 Billion in Bitcoin From Cold Storage Amid Market Rout Mt. Gox Transfers .7 Billion in Bitcoin From Cold Storage Amid Market Rout](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2024/05/Bitcoin-Fees_shutterstock_2162884391-gID_7.jpg@png)
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![XRP price faces Q4 rout and 20% drop XRP price faces Q4 rout and 20% drop](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-11/e2e7e1e5-f1b8-4c5c-b1f3-f14340184eff.jpg)
XRP price has dropped 18.5% from its local high of $0.67 on Nov. 23, and it appears the cryptocurrency will suffer more selloffs in the coming weeks. XRP technicals hint at extended correction XRP…