CryptoPotato - Fearing a sell-off by Mt. Gox creditors, Bitcoin and other major cryptocurrencies plummeted after the bankrupt exchange transferred $2.7 billion worth of Bitcoin

in blockchain •  4 months ago 

https://cryptopotato.com/bitcoin-price-crashes-below-54k-as-mt-gox-transfers-2-7b-in-btc-to-new-address/
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The price of Bitcoin plunged after Mt. Gox, a bankrupt exchange, moved $2.7 billion worth of Bitcoin, sparking fears of a sell-off by creditors.

Bitcoin is down nearly 12% in a week, with other major cryptocurrencies like Ethereum and Binance Coin also experiencing significant losses.

Beware of Bitcoin dump!!

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