Is the Mt. Gox rehab plan the reason for the Bitcoin dump?

in LeoFinance2 months ago

A rehab plan to compensate creditors from defunct centralized exchange Mt. Gox has been approved.

Mt. Gox trustee, Nobuaki Kobayashi announced in a letter. Details of timing, procedures and amount are forthcoming.

The repayments could lead to the distribution of more than $8.5 billion in Bitcoin.

In the last 24 hrs. Bitcoin's price has slipped as much as ~5.4%. Reaching a low of ~$56,610.

Is this the reason for the Bitcoin dip?

Posted Using LeoFinance Beta


I'm actually pretty astounded at your knowledge and awareness of current events thank you very much for this post and I'm sharing it as well as throwing you a vote!

Quality content deserves to be recognized so thank you very much.

Thank you so much. Much appreciated good sir 🙏


You're very welcome I can't wait to see more of your content!

Yes very good points and I do believe it is one of the reasons we are going down, and it could keep dipping

Probably one of the main reason

Posted Using LeoFinance Beta


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