<ul><li>Mt. Gox, the defunct cryptocurrency exchange hacked in 2014, has delayed its repayment plan for affected creditors from October 2024 to October 2025.</li><li>The delay offers relief to Bitcoin and the crypto market, as the repayment of 200,000 BTC could have put downward pressure on Bitcoin's price.</li><li>Many creditors are yet to receive their funds due to incomplete procedures or issues encountered during the repayment process.</li><li>Bitcoin has fallen below the critical $60,000 mark and faces a sell-off, with losses exceeding 2% in the last 24 hours and nearly 9% over the past two weeks.</li></ul>

Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

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