Former Biggest Crypto Exchange Mt. Gox Begins Reimbursing Users This Month, $9 Billion Bitcoin Sell-Off Looms

Bitcoin fell 10% in Q2, "ETF frenzy" fades, and tech giants have "exited."

Since hitting an all-time high of $73,000 in March, Bitcoin has steadily declined. Q2 saw an 80% drop in funds flowing into Bitcoin ETFs, totaling only $2.6 billion. Even PayPal's founder has sold most of his Bitcoin holdings.