Will The Huge Dump Of GBTC Impact Bitcoin Price? This Is How BTC Is Going To React Next

The post Will The Huge Dump Of GBTC Impact Bitcoin Price? This Is How BTC Is Going To React Next appeared first on Coinpedia Fintech News The last two weeks […]

The post Will The Huge Dump Of GBTC Impact Bitcoin Price? This Is How BTC Is Going To React Next appeared first on Coinpedia Fintech News
The last two weeks have been a nightmare for the entire crypto space as crypto investors were forced to liquidate their massive holdings in FUD after Sam Bankman-Fried’s FTX collapsed. The FTX meltdown has raised concerns regarding Bitcoin-tied assets and ETFs as institutional investors continue to dump their positions. Holdings of Grayscale’s Bitcoin Trust (GBTC) …