Why is Crypto Down Today? Mt. Gox Payouts & German Holdings Push BTC Below $56k

TLDR Bitcoin’s price has fallen below $56,000, dropping to around $55,300 as of July 8, 2024. The crypto market is experiencing a broader selloff, with many altcoins down 5% or more. Mt. Gox’s ongoing payout of Bitcoin to creditors is causi
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