$BTC
The reason for the decline that investors are curious about has begun to come from some analysts. According to research conducted in the last 24 hours, it has been stated that the MT.GOX exchange has experienced the most frightening decline of recent times due to the start of the process of distributing the stolen assets to their owners in 2014. The MT.GOX exchange, which is no longer operating, has caused approximately While crypto assets worth 10 billion dollars are expected to be gradually distributed to their owners this month, it is expected that some of these assets will be sold. In addition, the uncertainties regarding the US presidential elections have also created sales pressure on the crypto market, and Joe Biden's rival candidate Donald Trump has put pressure on the crypto market. Following the discussion, BTC fell to its lowest level of 53 in the last three months, causing it to decline by 24.9% on an annual basis. In addition to BTC, altcoins also experienced declines of over 50% from time to time. After this decline, it is expected that the market will return to its normal level in a short time and BTC will test $ 60,000 again.
This is for informational purposes only and not a buy or sell recommendation.
