How Bitcoin Whales Could Profit from the Mt. Gox Bitcoin Dump

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11 months ago bitnews

Bitcoin’s price took a tumble yet again the previous day following reports that the defunct crypto exchange Mt. Gox is preparing to reimburse creditors, potentially flooding the market with a large amount of Bitcoin. The market downturn has also affected other cryptocurrencies, with some analysts predicting a disproportionate impact on Bitcoin Cash (BCH). Notably, the The post How Bitcoin Whales Could Profit from the Mt. Gox Bitcoin Dump appeared first on Coin Edition .