Mt. Gox repayments news hits BTC, no respite for altcoins

Bitcoin price fell sharply on Monday as the market reacted to latest news around defunct crypto exchange Mt.Gox. This comes as the exchange announced plans to begin creditor repayments with 141,868 BTC worth $8.8 billion. As Bitcoin dropped below $62k, most altcoins, including Ethereum, Solana and BNB were also down. Bitcoin price dips amid Mt.Gox

Source: Invezz