Bitcoin (BTC) Price Hits $65K Despite Mt. Gox Payout Worries; Ripple’s XRP Leads Crypto Rally

“I believe this distribution won’t end the bullish trend, as the coins are expected to react to market sentiment similarly to the existing bitcoin supply,” he explained in an X post. “Unlike the German government selling, Mt. Gox creditors aren’t forced to sell, so it’s not purely sell-side liquidity.”