Mt. Gox has announced it will begin repaying $8.5 billion worth of Bitcoin to 127,000 creditors starting in early July. This move raises concerns about potential market impacts, as large volumes of Bitcoin might be sold, putting downward pressure on prices. The repayment includes both BTC and BCH, which aims to reduce immediate selling pressure. However, Bitcoin's price has already dropped to $60,000, partly due to these anticipations.

Source: https://0xzx.com/2024062510324563754.html