Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K
Claims that 137,000 BTC are about to be offloaded on the open market are met with intense suspicion as BTC price volatility returns. Bitcoin (BTC) failed to keep $20,000 support on Aug. 27 as fears over a sell-off by users of defunct exchange Mt. Gox added to price pressures.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewMt. Gox rumors dismissed as "typical crypto"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it headed to new six-week lows, reaching $19,766 on Bitstamp.Thin weekend liquidity appeared to exacerbate already jittery markets, which reacted....
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