Traders Panic as Mt. Gox Prepares $930M BTC Repayments Impacting ETH, ADA, and XRP Markets
The cryptocurrency Market capitalization dropped to $2.75 trillion, declining by 4%. Major losers included Ethereum, Dogecoin, and Chainlink. A significant transaction involving $930 million in Bitcoin from wallets tied to the defunct Mt. Gox exchange raised concerns about a potential sell-off. Bitcoin initially fell to around $76,606 but rebounded to over $82,000, breaking a five-day ...