CoinsValue.net logo CoinsValue.net logo
CoinOtag 2024-06-25 23:42:00

Bitcoin Price Drops Sharply as Miners and Mt. Gox Repayments Spur Market Volatility

Bitcoin’s price experienced a significant drop earlier this week, leading to over $300 million in cryptocurrency market liquidations within a single day. Gayatri Choudhury, a Quantitative Research Analyst at Bitwise, attributes the selloff to two primary factors, which are unrelated to Bitcoin ETFs. Choudhury highlighted the role of Bitcoin miners and the impending repayment from

Read the Disclaimer : Coinsvalue.net