April 28, 2025

$9 Billion Earthquake: Bitcoin Briefly Price Crashes Below $60,000 as Mt. Gox Unveils Massive BTC Repayments

1 min read

The price of the flagship cryptocurrency Bitcoin ($BTC) dipped below $60,000 for the first time since early May after Mt. Gox, a once-dominant cryptocurrency exchange, announced plans to distribute billions of dollars’ worth of recovered Bitcoin and Bitcoin Cash to creditors. Mt. Gox was the world’s leading Bitcoin exchange before collapsing in 2014 following a

CryptoGlobe logo

Source: CryptoGlobe

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed