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CoinGape 2024-01-22 13:35:28

Bitcoin Price Won’t Move Until Complete Liquidation of Grayscale Bitcoin Trust

Bitcoin (BTC), the largest cryptocurrency globally, experiences continued selling, resulting in a 2.72% drop in its price to $40,766. The recent decline is attributed to significant Bitcoin sales by Grayscale following the GBTC share sale. Notably, the funds from these sales are swiftly flowing into recently introduced Bitcoin ETFs, accumulating an impressive $27 billion within The post Bitcoin Price Won’t Move Until Complete Liquidation of Grayscale Bitcoin Trust appeared first on CoinGape .

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