๐ Bitcoin Slips to $64K as Grayscale GBTC Outflows Persist ๐
Bitcoin dipped below $63,000 amid a broader crypto sell-off. ๐ป "It will take some time" for bitcoin to recover to $73,000, according to Galaxy CEO Mike Novogratz. ๐ ETF inflows are expected to resume once GBTC selling is complete, as per Coinbase analysts. ๐ผ
Crypto markets saw continued volatility, with bitcoin tumbling below $63,000 before rebounding to $64,000, down 3.7% in 24 hours. ๐ The CoinDesk 20 Index was lower by 4.4%, with Solana's token (SOL) declining over 10%. ๐
๐ **Embrace the Future of Finance on Binance** ๐
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๐น Bitcoin: It's the OG of cryptocurrencies, and it's still making waves. Bitcoin's decentralized nature and limited supply have made it a favorite among investors looking for a store of value in uncertain times.
๐น Ethereum: More than just a cryptocurrency, Ethereum is a platform for building decentralized applications and smart contracts. With Eth