May 9, 2025

Bitcoin Faces Increased Selling Pressure Amid Mt. Gox Repayments and Market Downturn

1 min read

News of repayments in Bitcoin and Bitcoin Cash is expected to exert further downward pressure on these assets. The latest metrics and futures data suggest a continuation of the bearish trend into the next week. Bitcoin [BTC] has been under intense selling pressure, plummeting from $71.9k on June 6th to $61.4k currently. The asset briefly

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Source: CoinOtag

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