Bitcoin Takes A Beating: Mt. Gox Distribution Spooks Investors

Bitcoin, the pioneering cryptocurrency, is grappling with a confluence of challenges that have eroded its early 2024 gains and shrouded its near-term future in uncertainty. The most recent concern stems from the long-awaited disbursement of Bitcoin by the defunct Mt. Gox exchange to creditors. This $8 billion windfall has investors on edge, fearing a potential

Source: Bitcoinist