Mt. Gox Says BTC Repayments Begin Next Week

[Riberet19]

We have seen a sharp drop in the crypto market these days, a large part of the drop in quotes is due to Mt-gox announcing that it will start Bitcoin and Bitcoin Cash repayments in early July, the market may fall even further when those BTC are sold to the spot market.

Bitcoin Dives to $61,000 as Mt. Gox Says BTC Repayments Begin Next Week - Decrypt

Mt. Gox Bitcoin and Bitcoin Cash payments to creditors will begin next week, which has sent BTC plunging to $61,000. BCH is down 9%.

decrypt.co

 

[Riberet19]

Bitcoin and Bitcoin Cash repayments have started for MT users. Gox, this is one of the main causes why the price of cryptocurrencies has been falling.