June 7, 2025

Bitcoin (BTC) Price Plummets Below $61,000 Amid Mt. Gox News, Liquidations, and Miner Capitulation

1 min read

Bitcoin (BTC) has seen a sharp decline in the past 24 hours, shedding up to 4.8% of its value and falling to $60,601 after hovering above $64,000 just a day prior. The drop has been influenced by several key developments, including ongoing issues related to Mt. Gox, significant liquidation of long positions, and miner capitulation.

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Source: CoinOtag

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