Analyst Predicts Massive Bitcoin Sell-Off as Mt. Gox Repayments Begin

The cryptocurrency market is abuzz with the latest developments regarding Mt. Gox, the infamous Bitcoin exchange. Recent announcements reveal that Mt. Gox has initiated Bitcoin reimbursements to users affected by the 2014 hack. Jacob King, a noted crypto analyst, predicts that a significant portion of these Bitcoins will be sold, potentially impacting the market. Discover

Source: CoinOtag