đ Bitcoin's September Slump? Not So Fast! đ
Hold onto your crypto wallets! Over $14.8 billion worth of Bitcoin might hit the market soon, thanks to the US government and the defunct Mt. Gox exchange. But don't panic just yet!
- The US holds 203,000 BTC, worth $12.1 billion.
- Mt. Gox will distribute 46,000 BTC, valued at $2.7 billion, by 2024.
Despite these potential sell-offs, analysts say the market impact could be minimal. Mt. Gox creditors, whoâve waited 10 years, arenât rushing to sell. đ°ïž
Will Bitcoin break the $60k barrier? Share your thoughts below! đŹ
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