Rise’n’Crypto

Mt. Gox Bitcoin sell-off not as bad as you think, memecoins buck bearish trend

Сointelegraph Season 1 Episode 158

Bitcoin dipped below $60,000 on a chaotic day for the markets, and there are many reasons why this might have happened. Some of the reasons you may know, some you may not, but an intense debate is raging over the true impact of one of the largest influences,  the Mt. Gox repayments scheduled to begin in July. While some believe the market will be flooded with billions of dollars worth of BTC, others say the numbers don’t add up. So, in a market-heavy episode today, we go through the chaos, the calming counter-points, and how memecoins are bucking the bearish trend.

Further reading:

So, grab yourself a coffee, and let’s get into it!

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