Tuesday, 2 February 2021

Breaking News English | Grayscale may jumpstart the next phase of the Bi...

A release of funds from lock-up traditionally heralds the start of price upside and ends consolidatory phases, data shows. Bitcoin (BTC) may have traded sideways for much of last month thanks to Grayscale, but the status quo will soon change. According to data from on-chain analytics resource CryptoQuant, the price premium of the Grayscale Bitcoin Trust (GBTC) just hit its lowest since April 2019.

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