By Sahana Vibhute 6 July 2021 | 2:40 pm

Will The Discharge Of GBTC Shares Impact The Bitcoin Price?

gbtc btc

The post Will The Discharge Of GBTC Shares Impact The Bitcoin Price? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

As the rounds of Grayscale Bitcoin Trust unlocking nearly 41K Bitcoin worth GBTC shares is outspreading in the market, many predict a massive dump may be the possible outcome. One of the leading Investment banks, J.P.Morgan predicted the Bitcoin price to slash to as low as $25,000. Moreover, history also points out the same as …