Bitcoin drops below $55,000 amid Mt. Gox repayments

On Friday, bitcoin’s price sank below $55,000, representing an approximately 6% dip for the world’s leading cryptocurrency. The globe’s leading token hit $54,600, and is now languishing at $55,243, at the time of writing, while ethereum’s is sitting at $2,904.


Fourth straight weekly loss for BTC/USD

BTC/USD remains entrenched in a corrective slide, bolstered by the Fed minutes emphasising reluctance to ease policy until confidence in the disinflation process is observed. Down for a fourth …