Mt. Gox Prepares $9 Billion Bitcoin and Bitcoin Cash Repayment, Sparking Market Fears

1 min read

10 months ago bitnews

The imminent repayments of $9 billion worth of Bitcoin (BTC) and Bitcoin Cash (BCH) by Mt. Gox have sparked considerable market activity. Recent transactions in Mt. Gox’s cold wallets, moving fractions of Bitcoin, signal the start of these significant payouts. This large-scale disbursement could exacerbate the Bitcoin market’s current downturn, driven by increasing Fear, Uncertainty,