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Cryptopolitan 2024-01-22 17:38:22

Bitcoin faces the $40,000 test as GBTC drains reserves

The cryptocurrency stage is set for a thrilling showdown as Bitcoin, the digital currency pioneer, grapples with the critical $40,000 mark. Amidst this nail-biting scenario, the Grayscale Bitcoin Trust (GBTC), a major asset manager, has been steadily unloading BTC, fueling tensions in an already edgy market. The turn of events has seen Bitcoin’s value dance

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