Crypto Blog
Bitcoin’s price dip, influenced by factors like Mt. Gox repayments, is seen as temporary, with predictions of a rally to $100,000 due to strong fundamentals.
One of the optimists is Anthony Scaramucci – a former White House official and a firm proponent of Bitcoin. Hethat the asset’s retreat resulted from increased selling pressure after the now-defunct crypto exchange Mt. Gox which started repaying billions of dollars to its creditors.“Every time you have the halving, some miners are forced to sell some Bitcoin to keep up their revenues, which puts temporary pressure on BTC.”plans to repay billions of dollars to its harmed investors.
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