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Tag: Mt. Gox repayment

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What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment

Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows. The Bitcoin price fell below the $60,000 psychological mark on July 3, threatening to prolong the current price consolidation as Mt. Gox potentially starts releasing $9 billion worth of BTC. Bitcoin fell 4.2% in the 24…
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