Bitcoin Crash: Mentougou Payout Risks Further Downtrend With 138K BTC At Stake

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9 months ago bitnews

The German government’s Bitcoin (BTC) liquidations has catalyzed a crash. Moreover, the impending repayment of Bitcoin (BTC) by Mt. Gox, referred to in Chinese as Mentougou, have sparked concerns of a further downtrend. With over 138,000 BTC still held in its accounts as of July 12, the implications of Mt. Gox’s actions could significantly impact The post Bitcoin Crash: Mentougou Payout Risks Further Downtrend With 138K BTC At Stake appeared first on CoinGape .