Bitcoin Faces Uncertainty as Mt. Gox Begins $9 Billion Payout Today

Bitcoin’s market has shown resilience with a recent 4% surge, settling around $63,350 after the declines in June. Despite this recovery, investor sentiment remains cautious, especially considering the anticipated token distribution from the defunct Mt. Gox exchange. Analysts warn that the release of these tokens could trigger significant selling pressure in the crypto market. Bitcoin

Source: CoinOtag