Bitcoin: Will GBTC outflows continue to hurt BTC?

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

The post Bitcoin: Will GBTC outflows continue to hurt BTC? appeared first on AMBCrypto.

Go here to Read this Fast! Bitcoin: Will GBTC outflows continue to hurt BTC?

Originally appeared here:
Bitcoin: Will GBTC outflows continue to hurt BTC?