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the-biggest-bitcoin-fund-just-hit-a-record-35%-discount-—-a-warning-for-btc-price?

The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?

NewsBy admin adminSeptember 24, 2022Leave a comment

Grayscale Bitcoin Trust (GBTC), a cryptocurrency fund that currently holds 3.12% of the total Bitcoin (BTC) supply, or over 640,000 BTC, is trading at a record discount compared to the value of its underlying assets.Institutional interest in Grayscale dries upOn Sep. 23, the $12.55 billion closed-end trust was trading at

this-bitcoin-long-term-holder-metric-is-nearing-the-btc-price-‘bottom-zone’

This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’

NewsBy admin adminSeptember 22, 2022Leave a comment

A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom could be close.Eerily accurate Bitcoin bottom punditAs of Sept. 22, approximately 30% of Bitcoin’s LTHs were facing losses due to BTC’s decline from $69,000 in

bitcoin,-ethereum-and-altcoins-hold-intraday-gains-after-fed-hikes-interest-rates-by-0.75%

Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

NewsBy admin adminSeptember 22, 2022Leave a comment

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC. 3479 Total views 40 Total shares Bitcoin (BTC) retreated and reversed its intraday gains after the Federal Reserve announced its third

bitcoin-‘nuke’-warning-as-fed-rate-hike-decision-looms-—-dollar-index-hits-20-year-high

Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high

NewsBy admin adminSeptember 21, 2022Leave a comment

Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision.BTC price holds $19K ahead of Fed decisionBTC’s price has managed to cling on to $19,000 with a modest daily

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