Bitcoin: Will GBTC outflows continue to hurt BTC?

CAT February 22, 2024 1 min read

Himalay Patel

BTC outflows continued to rise due to GBTC’s behavior.
MVRV ratios remained high, indicating a high number of profitable addresses.

Bitcoin [BTC] was observed to be stagnating at the $51,000

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Bitcoin: Will GBTC outflows continue to hurt BTC?

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

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