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Bitcoin Price Shatters $11,000 on GBTC’s 37% Premium Over Skyrocketing Demand

By CCN: In the past month, within a 30-day span, the bitcoin price has surged 60 percent against the U.S. dollar to about $8,500 as the valuation of the crypto market rose by $100 billion. Major crypto assets such as ethereum, litecoin, and EOS have seen gains above 100 percent year-to-date, with Binance Coin, the seventh most valuable crypto asset in the global market, recording a staggering 437 percent gain against the USD. Grayscale’s GBTC trading at 37% premium As the bitcoin price surged, the assets under management of Grayscale, an investment firm overseen by Digital Currency Group, arguably the

The post Bitcoin Price Shatters $11,000 on GBTC’s 37% Premium Over Skyrocketing Demand appeared first on CCN

Source: CryptoCoinsNews

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