<ul><li>Mt. Gox, the defunct cryptocurrency exchange, has extended the repayment deadline for affected creditors to October 31, 2025.</li><li>The delay may prevent a potential mass sell-off of Bitcoin, providing relief for its price.</li><li>The extension is due to incomplete procedures and issues encountered during the repayment process.</li><li>Bitcoin is currently trading below $60,000 and faces a crucial support level at $60,600.</li></ul>

Mt. Gox Extends Bitcoin Repayment Deadline to October 2025

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