MT Gox creditors’ Bitcoin sale fears trigger fall to lowest since February
By
Binu Mathew
Bitcoin fell for a fourth consecutive trading session, reaching the lowest since February, on concerns about potential selling by governments, creditors of a failed exchange and beleaguered crypto miners.
The original digital asset fell as much as 8% to $53,602, before paring the decline by about half. Most cryptocurrencies fell broadly even as stock markets advanced, highlighting the array of challenges facing the industry.