$BTC Dips Below $65K as Mt. Gox Repayments Stir Market Anxiety
Key Highlights:

* BTC falls under $65,000 amid looming Mt. Gox repayments.

* Over 140,000 BTC (~$9B) to be distributed starting July.

* Traders brace for potential sell-off from early holders.

Bitcoin’s price has slipped below the $65K mark as the crypto market reacts to the upcoming Mt. Gox repayments. With billions in BTC set to be returned to creditors, fears of a mass sell-off are rattling investor confidence.

Mt. Gox: The Ghost Returns

The long-defunct exchange is preparing to repay over 140,000 BTC to creditors in July 2025. Many of these early holders are expected to liquidate, potentially flooding the market with supply. This anticipation has already triggered bearish sentiment, pushing $BTC below key support levels.

Cautious Optimism or Panic?

While some analysts argue the event is already priced in, others warn of short-term volatility. Institutional players are reportedly adopting a wait-and-watch stance, while retail investors are urged to stay alert.
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