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Bitcoin Slumps Below $68,000 Amid Reports Of Mt. Gox Payouts

Bitcoin Slumps Below $68,000 Amid Reports Of Mt. Gox Payouts


Bitcoinist
2024-05-28 05:35:26

The Bitcoin price experiences a 1.5% decline today, falling below the $68,000 mark, following a brief peak near $70,600 yesterday. This drop follows the latest reports that Mt. Gox, the once-dominant bitcoin exchange which collapsed in 2014, has begun processing payouts to its long-waiting creditors. This release of approximately 75,000 Bitcoins, valued at over $5.1


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