Downward pressure on Bitcoin limited as GBTC profit-taking largely concluded: JPMorgan


©Reuters. Downward pressure on Bitcoin limited as GBTC profit-taking largely concluded: JPMorgan

Downward pressure on the price of was reduced thanks to profit taking on Grayscale. Bitcoin BTC -1.17% Trust (GBTC) is largely a done deal, according to JPMorgan (NYSE:). GBTC has seen $4.3 billion in outflows since converting to an exchange-traded fund in […]

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