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#MtGoxJulyRepayments The long-awaited repayments to former users of Mt. Gox, the notorious cryptocurrency exchange that lost 850,000 Bitcoins in 2014, is set to begin in July 2024. According to a written note issued on June 24 by the exchange's rehabilitation trustee, repayments will be made in Bitcoin (BTC) and Bitcoin Cash (BCH) $9 billion Gox will begin returning assets to customers in July 2024, more than a decade after it was hacked. The number of bitcoins headed toward former customers is still not certain and could range from 65,000 to as much as 140,000, worth nearly $9 billion at the upper end How did Mt. Gox affect the price of bitcoin? Gox hack. BTC's dominance, or share of total crypto market value, fell by 1.8% to 54.34%, the biggest single-day percentage decline since Jan. 12, according to charting platform TradingView. In other words, investors likely pulled money from bitcoin faster than from its peers. #MtGoxJulyRepayments #CryptoPCEWatch $BTC $BNB
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