Bitcoin drops to $55,000 as defunct crypto exchange Mt. Gox starts refunding billions

Bitcoin is bleeding as defunct crypto exchange Mt.Gox has started repaying its customers — and it’slikely that some of those customers have begun selling that Bitcoin. The leading cryptocurrency traded around $55,000 Friday morning, after falling more than 4% in a day and losing more than 10% in a week, according to… source: https://qz.com/bitcoin-price-cryptocurrency-exchange-mt-gox-refunds-1851578188