Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K

Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K

Bitcoin (BTC) failed to keep $20,000 support on Aug. 27 as fears over a sell-off by users of defunct exchange Mt. Gox added to price pressures.

BTC/USD 1-day candle chart (Bitstamp). Source: TradingView

Mt. Gox rumors dismissed as “typical crypto”

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it headed to new six-week lows, reaching $19,766 on Bitstamp.

Thin weekend liquidity appeared to exacerbate already jittery markets, which reacted badly to unconfirmed rumors that…


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