MARA Moves 200 BTC to NYDIG Custody Amid Bitcoin Price Consolidation

MARA, a company known for its Bitcoin holdings, has transferred a significant portion of its assets to NYDIG custody. The move saw 200 BTC ($12.86M) shifted into NYDIG's care, representing a minor slice of MARA's massive 36,303 BTC ($2.34B) holdings.

This transfer comes after a larger movement of 6,000 BTC to TwoPrime earlier. This reorganization of its assets highlights MARA's efforts to manage and secure its vast Bitcoin reserves.

In the broader market, Bitcoin price action remains within Bollinger Bands, with an upper resistance at $64,936.82 and lower support at $63,679.14. Key moving averages, including the 50-EMA at $64,056.68 and 200-EMA at $63,641.46, provide layered support for the price.

However, a MACD death cross at 199.78 signals momentum fade in the market, suggesting possible consolidation before the next directional move in BTC price prediction scenarios.