November 10, 2022
Grayscale Bitcoin Trust at a 40% Discount as Bitcoin Tumbles
The Grayscale Bitcoin Trust (GBTC) experienced a record-low discount of 40.73% relative to the market value of Bitcoin (BTC) on November 9, as the price of the biggest cryptocurrency went below $16,000 for the first time since November 2020, according to data from CoinGlass. GBTC was created to giv...
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