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2024-04-10 15:21:25

Crypto Market Reacts to CPI Data: Bitcoin and Ether Prices Take a Hit

The post Crypto Market Reacts to CPI Data: Bitcoin and Ether Prices Take a Hit appeared first on Coinpedia Fintech News Michael Sonnenshein, the CEO of Grayscale has suggested that the outflows of Grayscale Bitcoin Trust (GBTC) might stabilize after a brief period of sustained investor selling. This stabilization is viewed as a point of potential equilibrium, which includes anticipated outflows like the ones related to settlements of bankruptcy and investor switch trades that are potentially …

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