The Bitcoin market is currently experiencing some volatility due to several significant events. As of July 24, 2024, Bitcoin's price has seen a decline, hovering around $65,891. This drop is primarily attributed to the start of repayments to Mt. Gox creditors. Mt. Gox, a defunct cryptocurrency exchange, is distributing over 140,000 BTC to its creditors, creating fears of oversupply and potential sell-offs in the market$BTC