Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Jul / 17
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- Bitcoin Slides as Mt. Gox Gets Ready for Creditor Repayments
- Jul 16, 2024 at 07:24 pm TheCoinrise
- Recent internal coin movements by the defunct Mt. Gox exchange have caused Bitcoin to face renewed selling pressure. As part of creditor repayments, Mt. Gox's internal fund transfers have sparked concerns about a potential mass sell-off. The decline in Bitcoin's price was triggered by the transfer of 0.021 BTC to an external address, followed by a significant 44,527 BTC transfer to an internal wallet. This selling pressure has also had an impact on the wider cryptocurrency market, with Ether and other top altcoins experiencing losses.
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