Category: Slumps
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Bitcoin Slumps Below $68,000 Amid Reports Of Mt. Gox Payouts
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Bitcoin price saw a 1.5% decline today, falling below the $68,000 level, after a brief peak near $70,600 yesterday. The decline follows the latest reports that Mt Gox, the once-dominant Bitcoin exchange that collapsed in 2014, has begun processing payments to its long-waiting creditors. This issuance of nearly 75,000 bitcoins,…
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DOGE, SOL, AVAX Keep Plummeting as BTC Slumps Toward $62K (Market Watch)
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Bitcoin’s positive price movements at the start of the business week were short-lived as the asset has lost over $3,000 since then and is now struggling to stay above $62,000. Altcoins are not in better shape, with DOGE, SOL, and AVAX down 5% or more in the past 24 hours.…