
The nearly $9 billion in Mt. Gox creditor repayments starting July may not kick down the price of Bitcoin, but they could spell trouble for Bitcoin Cash.
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The incoming selling pressure from the Mt. Gox repayment could still cause Bitcoin’s price to fall below the psychological $60,000 mark.
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The deadline for the base repayment, early lump-sump repayment and intermediate repayment was also moved from July 31 to Sept. 30.
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