BitcoinMt Gox Payout Triggers Selling Pressure on Bitcoin BTC and Bitcoin Cash...

Mt Gox Payout Triggers Selling Pressure on Bitcoin BTC and Bitcoin Cash BCH

Date:

In a recent statement, the Head of Research at Presto Labs highlighted an anticipated impact on Bitcoin Cash due to the selling pressure stemming from Mt. Gox’s Bitcoin reserves. The projection is that Bitcoin Cash could see as much as **24%** of its daily trading volume influenced, in contrast to just **6%** for Bitcoin. This significant difference underscores the distinct attitudes and approaches investors hold towards these two digital currencies.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot News

Related
Related

SatoshiGamblers Unveils Review Portal for No-Promotion Crypto Casinos

Hamchako, Anjouan, June 16th, 2025, Chainwire A new platform is making waves in the crypto gambli...

CoinEx P2P Trading: A Secure, Fee-Free Portal for Crypto-Fiat Exchange

In today’s fast-evolving crypto economy, users are increasingly looking for secure, fast, and flex...

As Hedera Stabilizes and NEAR Rises, Is Qubetics Poised to Dominate the Crypto Top Gainers in Q2 2025?

The crypto market is entering a high-volatility phase, and a new wave of crypto top gainers is emerg...

Solana (SOL) Rises to $156 with a 6% Increase: Will This Bullish Momentum Propel It Further?

Solana is trading at $156 after a 6% jump.SOL’s daily trading volume has surged by over 97%.The ma...