Bitcoin (BTC) Faces Selling Pressure Amid MTGOX Refunds and German BTC Sales: Market Insights

The cryptocurrency market experienced significant fluctuation in the last 24 hours, with Bitcoin (BTC) dropping to $58,402. The decline came in the wake of announcements regarding MTGOX refunds beginning in July and sales of BTC from Germany. Notably, despite concerns of a major sell-off, the anticipated deeper price dip did not occur. Gain insights into