#BTC Review

📉 Bitcoin is falling again. The failed Mt. Exchange Gox has already begun returning money to affected users - about $8 billion worth of cryptocurrency has left their accounts.

Investors fear that lenders will start selling coins to make a profit.

Mt. Gox was once the largest Bitcoin exchange in the world. In 2011 it was hacked, and in 2014 it went bankrupt. Now, ten years later, the exchange has begun to gradually return cryptocurrency to creditors, thereby increasing the flow of bitcoins into the market. Hayden Hughes of Singapore family office Evergreen Growth believes Mt. Gox is unlikely to start selling Bitcoin en masse.

⚠️ But the longer the price stays below $60,000, the more likely it is to fall further.

And today the Bitcoin rate fell by 5.2%.