๐จ Some of the reasons for the decline of Bitcoin for people who wonder why it went down
๐ The distribution of BTC and BCH to those eligible by the MtGox platform has begun (it has a significant impact on the price)
๐ The German government sold Bitcoin (affected the price slightly)
๐ก Information: MtGox platform lost 940,000 thousand Bitcoins, which is worth $51B billion dollars at the current price ๐ฏ
But they recovered only 141,868 thousand bitcoins, which equals $7.83 billion dollars, and it will be paid to those affected.
The price of Bitcoin when the platform went bankrupt was: $451
Bitcoin price currently: 55100$BTC