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coinpedia 2024-01-26 12:55:17

Relief in Sight: JPMorgan Analysts Report Easing GBTC Sell-Off

The post Relief in Sight: JPMorgan Analysts Report Easing GBTC Sell-Off appeared first on Coinpedia Fintech News JPMorgan analysts think the big wave of people cashing out profits from Grayscale’s Bitcoin Trust (GBTC) is pretty much done. This might be good news for Bitcoin’s price, which has been hovering around $40,778. Grayscale’s fund has been selling off since it converted to an ETF on January 11, and about $4.3 billion has left. …

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