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cryptonews 2023-10-19 18:00:00

Bitcoin Could Hit $42K if BlackRock Bitcoin ETF is Approved: Matrixport

Crypto financial services platform Matrixport has predicted a major Bitcoin (BTC) rally driven by favorable macroeconomic conditions and lower US inflation. In a recent report titled "Matrix onTarget," the company noted that one notable development is the remarkable performance of Grayscale Investments' Bitcoin Trust (GBTC) shares, which have surged by an impressive 167% year-to-date, outperforming Bitcoin's own 71% growth. ... Read More: Bitcoin Could Hit $42K if BlackRock Bitcoin ETF is Approved: Matrixport

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