Fresh Bitcoin News! 🌟
- **Bitcoin under pressure:** More than $14.8 billion worth of BTC is expected to enter the market, which could affect its price.
- **US Government and Mt. Gox:** The government holds 203,000 BTC ($12.1B) and Mt. Gox will distribute 46,000 BTC ($2.7B) before the end of 2024.
- **Limited impact:** According to Kaiko, the Mt. Gox distribution will not cause structural problems in the market.
- **Current price:** BTC is still under $60,000, needing to close August above $64,300 to be in the green.
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