Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Bitcoin Faces Increased Selling Pressure Amid Mt. Gox Repayments and Market Downturn

Bitcoin Faces Increased Selling Pressure Amid Mt. Gox Repayments and Market Downturn


CoinOtag
2024-06-25 01:13:06

News of repayments in Bitcoin and Bitcoin Cash is expected to exert further downward pressure on these assets. The latest metrics and futures data suggest a continuation of the bearish trend into the next week. Bitcoin [BTC] has been under intense selling pressure, plummeting from $71.9k on June 6th to $61.4k currently. The asset briefly


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.