GBTC BITCOIN đ€
Hey young traders! Listen here, I have news from the world of cryptocurrencies that will make your mind explode! Grayscale Bitcoin Trust (GBTC) is losing money faster than I am in Vegas. Almost $359 million went nowhere on March 21, and that's just the tip of the iceberg. In just a week, the outflow reached $1.8 billion!
But don't be foolish, guys. Bloomberg's Eric Balchunas says the worst may be over. Much of this chaos appears to be related to the bankruptcy of crypto lender Genesis. So if you're holding GBTC, you can breathe a little easier.
And remember, the crypto world is a wild area. One day you're on top, the next day you can sell your shares to pay off your debts, just like FTX did. So keep your eyes open and don't be fooled! SUBSCRIBEđ #HotTrends #binance $BTC $ETH $LUNC
