Bitcoin (BTC) $65,974.96 -0.48%
Ethereum (ETH) $1,925.79 -0.43%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 77.528698 -1.02%
Chainlink (LINK) $8.63 -0.81%
Cardano (ADA) $0.17 -1.04%
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Cryptocurrencies: 29527

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Market Cap: $2,246,580,433,744

24h Vol: $68,808,281,847

CoinGape

2021-01-22 20:14:02

Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017

Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017

As reported by Bloomberg, the Grayscale Bitcoin Trust [GBTC] premiums fall by 40% during recent crypto meltdown as GBTC itself fall by 15% WoW. For the first time since March 2017, fall in prices of GBTC [15%] has outpaced that of Bitcoin itself [13%] on the weekly timeframe. Investors Might be Dumping Their Positions in The post Grayscale Bitcoin Trust [GBTC] Premiums Drop to Lowest Since March 2017 appeared first on Coingape.

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