Bitcoin Price Drops as Mt. Gox Distributes BTC to Creditors

Today’s Bitcoin market experienced a 1.5% decrease from yesterday’s brief peak near $70,600. This drop is attributable to news that defunct bitcoin exchange Mt. Gox has begun paying out creditors; with their release of approximately 75,000 Bitcoins valued at over $5 billion raising concerns regarding market liquidity and price stability. Significant Trends in Mount Gox … Continue reading "Bitcoin Price Drops as Mt. Gox Distributes BTC to Creditors" The post Bitcoin Price Drops as Mt. Gox Distributes BTC to Creditors appeared first on Cryptoknowmics-Crypto News and Media Platform .