Mt.Gox Bitcoin Repayment Update: Transfer of $9B Sparks Market Reaction

Tuesday, 28 May 2024, 06:01

Mt.Gox has transferred nearly 107,000 bitcoins to a single address as part of its repayment plans. This move has led to selling pressure in the market, causing a 1.2% drop in bitcoin price. Investors are closely monitoring the situation as Mt.Gox continues with its repayment process.

https://store.livarava.com/318b598d-1ce6-11ef-a3db-9d5fa15a64d8.jpg — Mt.Gox Bitcoin Repayment Update: Transfer of $9B Sparks Market Reaction

Mt.Gox Bitcoin Repayment Update

Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.

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Mt.Gox Bitcoin Repayment Update

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