MtGoxDump

### **🚨 BITCOIN CRASHES BELOW $60K AS MT. GOX REPAYMENTS BEGIN**
**$2.4 BILLION IN BTC DUMP FEARS HIT THE MARKET**

📉 **Price Plunge:** *BTC drops 7% in 24H* ($59,800) — lowest since May.
🔥 **Altcoins bleed harder:** *ETH -9%, SOL -12%, meme coins -15%+*

#### **💥 WHY THIS IS HAPPENING:**
- **Mt. Gox repayments start:** 140K BTC ($9B) owed to creditors (first since 2014!)
- **Germany sells $425M in seized BTC** (Ongoing pressure)
- **Fed rate cut doubts** = Risk-off mode 🏦

#### **🌍 GLOBAL RIPPLES:**
- **Miners capitulating:** Hashprice at **all-time lows** ⛏️
- **Crypto ETFs see $1.2B outflows** (Biggest since FTX crash)
- **Tether USDT dominance hits 18-month high** = Traders fleeing to stables

#### **🔮 WHAT’S NEXT?**
✅ **Key support to watch:** $58K BTC (Hold or freefall?)
⚠️ **Mt. Gox liquidations could last MONTHS** (More sell pressure ahead?)
💡 **Silver lining?** Long-term holders **NOT selling** (O.G. diamond hands still here)
$BTC $ETH $BNB

#### **📌 TAKEAWAY:**
**Short-term PAIN** = Buy opportunity? Or dip gets deeper? **Buckle up.**

*(Meanwhile: $TON pumps +5% amid Telegram hype, $PEPE -22%)*

**#BitcoinCrash #MtGoxDump #AltcoinBloodbath #CryptoWinter**