Bitcoin price plunges below $55k as Mt. Gox announces repayments

Denis Omelchenko

The price of Bitcoin has continued its descending movement, sliding under the $55,000 threshold, returning back to levels last seen in February. Bitcoin’s (BTC) sell-off has intensified amid reports that the collapsed crypto exchange Mt. Gox moved over 47,000 BTC…

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Bitcoin price plunges below $55k as Mt. Gox announces repayments