NEWS: Mt Gox starts repaying creditors in Bitcoin and Bitcoin Cash on Friday, through designated crypto exchanges as per the rehabilitation plan. This follows a transfer of 47,228.7 BTC ($2.71B) today, including 1,545 BTC ($85M) to Bitbank. Bitcoin's price fell below $54,000, now at $54,363, down 7.6% in 24 hours. Crypto markets saw $665M in liquidations as Mt Gox continues payouts (5 Jul 2024)

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