Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue

Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue

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Source: Coindesk.com

Bitcoin fell below $63,000 early during the U.S. session Friday amid a broader crypto sell-off. "It will take some time" until bitcoin recovers to $73,000, Galaxy CEO Mike Novogratz said at the Bitcoin Investor Day conference. ETF inflows will return once GBTC selling is completed due to favorable macro conditions, Coinbase analysts said.

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Source: Coindesk.com

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