As major cryptos rebound following Monday’s Bitcoin-led rout, investors are wondering which might be the best crypto to buy today to take advantage of the market’s latest dip.
Bitcoin (BTC) was last in the $61,000s, as traders mull the prospect of Mt Gox creditor repayments commencing in July.
That’s up sharply from Monday’s $58,500ish lows, with BTC up around 1.75% in the past 24 hours, per CoinMarketCap.
Some traders have been arguing that Mt Gox repayments won’t result in as much sell pressure as the market fears.
creditors have been stuck in mt gox bankruptcy for 10+ yrs–finally trustee says in-kind distribution of #BTC #BCH will begin in july. we think fewer coins will be distributed than people think & that it will cause less #bitcoin sell pressure than market expects
here's why
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