Bitcoin’s August Plunge: Governments and Mt. Gox Threaten Massive Sell-Off – What You Need to Know!
Bitcoin (BTC-USD) has lagged behind traditional assets as August comes to a close, weighed down by decreasing liquidity and ongoing concerns that governments might liquidate their cryptocurrency holdings. The US, China, the UK, and Ukraine are potential sources of such sales, as are creditors of the collapsed Mt. Gox digital-asset exchange, according to a report…