🚀 Crypto Market Shakes as Mt. Gox Creditors Receive Assets! 🚀

Bitcoin {{BTC}} dipped to $65,500, down 4%, while Bitcoin Cash {{BCH}} dropped 7% as Kraken began distributing assets from the defunct Mt. Gox exchange. The CoinDesk 20 Index fell 3%, with Solana {{SOL}}, Ripple's XRP {{XRP}}, and Cardano's ADA {{ADA}} down 4%-5%.

Ether {{ETH}} held steady below $3,500, buoyed by strong ETF trading volumes. The distribution of nearly $9 billion in BTC and BCH has investors on edge, wondering how much will hit the open market.

What do you think? Will this distribution cause a major sell-off? 💬👇 #CryptoNews #Bitcoin #MtGox