Bitcoin Bulls Fail Again, But There Is Still Hope

The supply overhang from Germany’s Saxony state, which catalyzed the price drop early this month, is nearly running dry. Besides, it remains uncertain what percentage of the 95,000 BTC, which represents a portion of the total 140,000 BTC scheduled to be distributed to Mt. Gox’s creditors, will be liquidated.

Source

Comments (No)

Leave a Reply

Cryptocurrencies: 16,229
Markets: 1,197
Marketcap: $ 3.49 T
24h Vol: $ 179.73 B
BTC Dominance: 54.99%