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coinpedia 2024-01-22 09:58:01

Bitcoin Price at Crossroads : Awaited Surge Hinges on Grayscale Bitcoin Trust’s Full Liquidation

The post Bitcoin Price at Crossroads : Awaited Surge Hinges on Grayscale Bitcoin Trust’s Full Liquidation appeared first on Coinpedia Fintech News The crypto market is witnessing a notable downturn in Bitcoin prices, with the world’s largest cryptocurrency facing selling pressure and dropping by an additional 2.72% to $40,766. This trend is attributed to strong selling activity by Grayscale Bitcoin Trust (GBTC) following a recent GBTC share sale. However, the funds from the liquidation are swiftly flowing …

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