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Bitcoin (BTC) Slip, but Institutions are Nonetheless FOMOing

Bitcoin (BTC) Slip, but Institutions are Nonetheless FOMOing – Ethereum World News

Event though prices have since cooled off, the Grayscale Bitcoin Trust (GBTC) traded at $11.44. This essentially placed a price tag of $11,600 on Bitcoin on May 29 th. Taking to Twitter, Rhythm Trader said: “Grayscale Bitcoin Trust accumulated 11,236 BTC in April alone. Currently, 54,000 Bitcoin is mined per month.