Mt. Gox Repayments Won’t Have Much Impact on Bitcoin Price Drop, Here’s Why

Coinspeaker

Mt. Gox Repayments Won’t Have Much Impact on Bitcoin Price Drop, Here’s Why


According to Galaxy Digital’s head of research Alex Thorn, approximately 65,000 out of the total 141,000 Bitcoins held by Mt. Gox are expected to enter the market. This could alleviate some of the selling pressure from the anticipated $9 billion liquidations.


Mt. Gox Repayments Won’t Have Much Impact on Bitcoin Price Drop, Here’s Why


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