107 Bitcoin Sent to Burn Address, Reducing Supply

A total of 107 bitcoin were sent to the Bitcoin 'burn address' 1111111111111111111114oLvT2, according to Timechain Index founder Sani. This action effectively removes these coins from circulation, reducing the network's ultimate supply of 21 million coins. AMLBot suggested that the coins might be linked to Mt.Gox. Meanwhile, in broader markets, President Trump's announcement of a potential Middle East peace agreement has led to lower oil prices and bond yields, boosting stocks. Bitcoin is trading at $76,800, down nearly 1% over the past 24 hours, according to CoinDesk.