Subscribe to Alpha Reports and gain exclusive access to key insights on airdrops, NFTs, and more! Recently, Mt. Gox initiated Bitcoin distributions after ten years causing the market to plummet. Despite only a fraction of BTC leaving their wallets, the bearish narrative surrounding Mt. Gox influenced the entire crypto market. Bitcoin dropped to $53,898, a 27% decrease from its all-time high, with altcoins like Ethereum following suit. Solana, on the other hand, only saw a 4% decrease and may be the next asset to receive a digital asset ETF. Additionally, political meme coins based on Joe Biden and Kamala Harris experienced significant fluctuations in value. The crypto market continues to face challenges, including scams like the $SMASH token, highlighting the need for informed investment decisions. Stay informed with Alpha Reports for expert analysis and insights on the evolving crypto landscape.