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BTC Price Nears $67K As New GBTC Bitcoin Outflows Pass $550M

By CDM Staff

March 4, 2024

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Bitcoin price advances like a steamroller toward all-time highs despite a fresh rebound in GBTC outflows.

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Bitcoin pushed above $66,000 at the March 4 Wall Street open despite “reaccelerating” outflows from its largest institutional investment vehicle.

Data from Cointelegraph Markets Pro and TradingView tracked Bitcoin BTC $68,047 price upside building on an already strong day, hitting $66,483 on Bitstamp.

The market had made swift gains after the weekly close and was up 5% on the day at the time of writing.

With all-time highs less than $3,000 away, market observers predicted what could come next...

To read more visit CoinTelegraph.

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