Mt. Gox, the insolvent cryptocurrency exchange, has revealed plans to begin distributing 140,000 BTC to victims of the hack, starting in July. This announcement has had a substantial impact on the market, as there are worries that the recipients of these payments may choose to sell them, resulting in an influx of Bitcoin and causing an oversupply in the market. These concerns have been amplified by heightened sales from miners and outflows from ETFs. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
