The impending repayments, which include 140,000 BTC ($7.73 billion), 143,000 BCH, and the Japanese yen, were announced last month. Since then, traders have been worried that creditors who have patiently waited for reimbursements for a decade will immediately sell upon receiving coins, creating mass selling pressure in the market. Note that BTC was trading at roughly $600 when the exchange was hacked in 2014, and today, it is worth over $55,000.
Related posts
-
Bitcoin At $100k Presents Psychological Resistance
Este artículo también está disponible en español. Despite heightened expectations for the Bitcoin price to hit... -
Robert Kiyosaki Endorses Michael Saylor’s $13M Bitcoin Forecast — ‘I Believe He Is Right’
Robert Kiyosaki strongly endorsed Michael Saylor’s bitcoin strategy and his $13 million BTC forecast. He urged... -
Senator Lummis wants to replenish Bitcoin reserves with gold
Republican Senator Cynthia Lummis says converting gold reserves into Bitcoin could strengthen the U.S. government’s finances....