Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

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In addition to the roughly $9.5 billion in BTC the former exchange will send back to its customers, Mt. Gox will also send back 143,000 BCH worth around $73 million. CoinGecko data shows that Bitcoin Cash has a daily trading volume of $308.8 million, making this redemption worth around 24% of that number.

Original Source: https://www.coindesk.com/markets/2024/07/04/mt-gox-doomsday-scenario-involves-bitcoin-cash-not-bitcoin-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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