Bitcoin Price Crashes Below $54,000: Top-5 Reasons

In the last four days, the Bitcoin price has plummeted over 15%, with a significant 7.8% drop occurring in just the past 24 hours. From a high of nearly $72,000 in early June, the price of BTC has now declined by almost 25%. Here are the key factors behind yesterday’s dramatic fall in price. #1 Mt. Gox’s Bitcoin Repayments The impending distribution of 142,000 BTC by the defunct crypto... source: https://www.newsbtc.com/news/bitcoin/bitcoin-price-crashes-below-54000-top-5-reasons/