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cryptonews 2024-01-22 07:56:40

Analyst Warns BTC Price Will Remain Flat as $25 Billion GBTC Liquidation Looms, Galaxy Digital Founder Disagrees

Bitcoin (BTC) investors should brace themselves for potential price stagnation or even a decline as the liquidation of $25 billion worth of Grayscale Bitcoin Trust (GBTC) looms. Chris J Terry, founding partner of BTCdata Corporation, recently expressed his concerns about the impact of GBTC’s massive sell-off on the cryptocurrency’s price. “Looks like BTC price will The post Analyst Warns BTC Price Will Remain Flat as $25 Billion GBTC Liquidation Looms, Galaxy Digital Founder Disagrees appeared first on Cryptonews .

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