Bitcoin Surges Over 6% Amid Mt. Gox Payment Extension

Bitcoin’s price surged over 6% following an announcement from Mt. Gox, a defunct cryptocurrency exchange, that it would extend the payment deadline for its creditors. The extension provides creditors more time to register and choose their preferred method of repayment. This development has sparked optimism in the market, contributing to Bitcoin’s price increase. The move is seen as a positive step towards resolving one of the most significant collapses in cryptocurrency history, with creditors now having additional time to navigate the repayment process. The news was reported by COINTURK NEWS on CoinMarketCap.