Mt. Gox fears are driving BTC into its biggest weekly decline since November 2022. Bitcoin, the leading cryptocurrency by market cap, hit Mt. It dropped below $54,000 on news that Gox was carrying $2.6 billion worth of BTC. However, Mt. Gox's announcement that it had started paying customers drew a calm reaction from Bitcoin. Currently, the cryptocurrency is facing a 13% decline on a weekly basis. Jag Kooner, head of derivatives at Bitfinex, noted that if Friday's jobs report shows weaker-than-expected job growth, that could raise expectations for future interest rate cuts and investors could seek alternative assets in anticipation of looser monetary policy. What is your opinion? 📉💬