Bitcoin hits 2-month low on election uncertainty, Mt Gox flows

Representation of Bitcoin cryptocurrency is seen in this illustration taken January 11, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S. presidential elections and reports of bitcoin supply from a defunct Tokyo-based crypto exchange weighed.

Bitcoin fell more than 2% to $57,843, its lowest since May 2, and has lost more than 6% so far this week.