#门头沟赔付大戏开启 #BTC下跌分析
🚨Red alert!
The German government's selling drama has finally ended, but don't be too relieved, because Mt.Gox's compensation drama has officially begun! 9 billion daily selling pressure is just around the corner! $BTC 🚨
On June 24, the Mt.Gox trustee announced that it would begin repaying Bitcoin (BTC) and Bitcoin Cash (BCH) in early July 2024, involving crypto assets worth up to $9 billion. It's like the "Sword of Damocles" hanging over the cryptocurrency market is finally about to fall.
1. Selling pressure: The Mt.Gox trustee holds a large amount of Bitcoin and Bitcoin Cash, with a maximum total value of more than $9 billion. Its repayment work may cause a large number of tokens on the market to be sold, bringing selling pressure to the market. This selling pressure could cause the price of Bitcoin and other related tokens to fall.
2. The launch of Ethereum ETF: At the same time, the launch of Ethereum ETF is imminent, which may have a significant impact on the Ethereum market. Bitwise Chief Investment Officer Matt Hougan said that the impact of Ethereum ETF on asset prices may be greater than the impact of Bitcoin ETF on BTC.
He predicted that by the end of 2024, the price of Ethereum may reach $5,000.
Joke time:
Mt.Gox: "We are back with your Bitcoin and Bitcoin Cash! 🤫 Let me tell you quietly, these Bitcoins in our hands are equivalent to no cost. When the Mentougou incident happened that year, Bitcoin was not at this price. That was 11 years ago! You go check it out, hehe🤪"
Investor: "Wait, does this mean we are going to start selling?"
Ethereum: "Hey, don't just focus on Bitcoin, I have big news too!"
What do you think of these events?
How much impact do you think Mt.Gox's compensation will have on the market?
How will the launch of Ethereum ETF change the market of Ethereum?
Let us see your thoughts in the comment section!
