Bitcoin’s price briefly fell below $60K on Monday after news that Mt. Gox, a defunct exchange, will start repaying creditors in July. However, data from Santiment suggests that the recent increase in social chatter about a potential price “bottom” could indicate a coming rebound for Bitcoin.
Solana holders and crypto analysts criticized influencer Crypto Bitlord for his comments on Solana and an alleged investigation.
Ethereum’s price dropped by nearly 6% on Monday due to Mt. Gox’s repayment announcement. Despite this, ETH whales took advantage of the price dip to buy before the introduction of spot Ethereum ETFs.