Did Grayscale push Bitcoin again as much as the $40K mark?
Inside 48 hours of Grayscale reopening its providers to new traders on January 13, Bitcoin’s value shot up by almostd 20%, to as soon as once more hover just below the $40,000 mark.
Throughout the identical interval, the institutional funding agency added 4,618 BTC to its portfolio at a present worth of $182 million. Together with final quarter’s consumption of $3.3 billion, which is generally BTC, Grayscale’s crypto portfolio sits at $27.6 billion.
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