Another sell-off session occurred with the headline that the Mt. Gox trustee announced they would start distribution by early July. $BTC dropped to $58.5k and is now trading at $60,292, down ~4.6%, and $ETH is at $3,352, down 2%.
There were a few bearish headlines, including a $9 billion repayment plan from Mt. Gox, along with a $3 billion liquidation plan from Germany and the president of Jump Crypto announcing his departure today, likely due to the CFTC probe.
Other headlines include Binance Labs investing in Infrared Finance, Tether stopping USDT minting on EOS and Algorand, and Dexscreener introducing a new feature called Moonshot.
During the last 24 hours, the top three gainers were $POPCAT, $MOG, and $FET, while the top three losers were $PRIME, $ORDI, and $XRD.