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According to TheBlock's report, despite Ms After Gox took action to repay creditors, there was widespread selling in the cryptocurrency market, resulting in a single day settlement of over 665 million US dollars. However, some market makers and investors remain optimistic about the medium-term prospects of Bitcoin. GSR Co CEO and Co Founder Rich Rosenblum stated that it is expected that the amount to be paid by (Mt. Gox) will become a "third quarter burden" on the market, "almost as much as the amount of Bitcoin dug up in the first year after halving. However, once it is fully digested, there is still enough time for (Bitcoin prices) to reach historic highs before the end of the year." @fkx @eirrann.eth @hmygpt
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