Fears of a US recession have triggered a sharp sell-off in Bitcoin and altcoins, with analysts predicting more pain ahead.

Wallets linked to Mt. Gox still hold $2.9 billion of assets, which are due to be paid out to creditors this October.

Bitcoin (BTC) has gone down by just 0.1% in the past 24 hours but a spike in volatility triggered a wave of liquidations, ...