The resurgence of investor interest in GBTC marks a pivotal moment for the cryptocurrency market, signaling renewed confidence and optimism among investors. Bitcoin, the flagship cryptocurrency, has seen a remarkable rally in recent days, buoyed by the influx of investments into GBTC and other US spot Bitcoin exchange-traded funds (ETFs).
At the time of reporting, Bitcoin is trading at approximately $62,900, reflecting a 6.5% increase in the last 24 hours.·
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