Genesis Moves $1.5B Bitcoin and Ethereum for Debt Repayment, Market Reacts with Sharp Decline
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Genesis Global Capital has concluded its restructuring and started debt repayments to its creditors. The repayment process involved large-scale transactions in Bitcoin and Ethereum, amounting to $1.5 billion.
The market responded to these transactions with a significant decline in cryptocurrency prices.
The news was reported by COINOTAG NEWS, emphasizing the broader market impact of Genesis's repayment actions.
Source: en.coinotag.com ↗