BTC price nears $67K as new GBTC Bitcoin outflows pass $550M

Bitcoin price advances like a steamroller toward all-time highs despite a fresh rebound in GBTC outflows.

Bitcoin pushed above $66,000 at the March 4 Wall Street open despite “reaccelerating” outflows from its largest institutional investment vehicle.

Data from Cointelegraph Markets Pro and TradingView tracked Bitcoin (BTC) price upside building on an already strong day, hitting $66,483 on Bitstamp.

The market had made swift gains after the weekly close and was up 5% on the day at the time of writing.

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Source: https://cointelegraph.com/news/btc-price-nears-67k-new-gbtc-bitcoin-outflows-550m