✅ As the stock market surged and gold prices reached new highs, the crypto market experienced a correction. At one point, Bitcoin dropped to $53,500 before rebounding to $57,000 🫡
Daily Digest:
🔸 Mt. Gox has announced that the bankruptcy trustee has commenced repayment of BTC and BCH to some creditors
🔸 Due to high volatility, $685.53 million in leveraged futures positions were liquidated from the market in the last 24 hours
🔸 Only five mining rigs remain profitable as Bitcoin prices dropped to the lowest points since February
🔸 Robert Kiyosaki, author of "Rich Dad Poor Dad," makes a bold new prediction: the "biggest crash in history"
🔸 Unemployment rate in the U.S. rose to 4.1% in June, compared with 4% in the previous month and 4% expected
🔸 According to the finance analyst most of the Bitcoin being repaid by defunct exchange Mt. Gox will be market-sold
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