• Home
  • Currencies
  • Funds
  • Rewards
  • Events
  • Careers
logo

Cryptorank News

  • Home
  • Currencies
  • Funds
  • Rewards
  • Events
  • Careers
News

GrayScale Bitcoin Trust Stocks Have Predicted Bitcoin Dump

  • November 27, 2020

On November 25, while the Bitcoin price decreased only by -5% the quotes of Grayscale Bitcoin Trust (manages over 500k BTC or over $10 billion), dropped by -11.7%.

But the next day, the BTC price collapsed heavily: Bitcoin has lost about $3,000 or almost -15%. Based on that, it looks like Wall Street predicted the upcoming BTC correction.

Noteworthy is that for the last 7 days Grayscale’s crypto assets under management have enlarged by 16,210 BTC or +$275M.


The latest market intelligence and in-depth reports in our Telegram channel and Twitter

You Might Like
Events, Press Releases

Join Blockchain Life 2023 in Dubai – The Crypto Event of the Year

Events, Press Releases

Staking Summit 2023: Where the $92.73 Billion Staking Industry Meets Its Future

Events, Press Releases

A must-attend for anyone interested in the future of decentralized technology — ETHMilan dedicated to exploring the potential of Ethereum and Web3 technologies

Leave a Reply Cancel reply

Recent Posts

  • Join Blockchain Life 2023 in Dubai – The Crypto Event of the Year
  • Staking Summit 2023: Where the $92.73 Billion Staking Industry Meets Its Future
  • A must-attend for anyone interested in the future of decentralized technology — ETHMilan dedicated to exploring the potential of Ethereum and Web3 technologies
  • Steven Bartlett, Dr Lisa Cameron MP and zkSync assemble at Zebu Live, London’s biggest Web3 event
  • Shimza, Enzo Siffredi to Headline AFTER 2049, the Largest Formula One Grand Prix Pre-Weekend Party 
Bitcoin Price by Cryptorank

Categories

  • AMA Recap
  • Analysis
  • Careers
  • CryptoRank
  • Currency Market
  • Education
  • Events
  • ICO Reviews
  • Investment
  • Mining
  • News
  • Press Releases
  • Uncategorized

Cryptocurrency Prices

Popular Posts

  • News

    YoBit.Net Review 2020: the exchange that strikes

  • News

    Monthly Derivatives Volume Set ATH in May 2020

  • AMA Recap

    Evanesco AMA Recap

Market State by Cryptorank
logo

Cryptocurrency news blog and investment strategy guide. All you need to know about ICOs, education, reviews, mining, and more.

RISK DISCLAIMER: The information contained on this website is not investment advice. Trading financial instruments carry a high level of risk and one for which we strongly advise you to consult with your registered investor advisor.

Products
  • Exchanges
  • ICO’s
  • Web3 Crypto Portfolio
  • Alerts
  • Watchlist
  • Analytics
Contact us
  • List your ICO on CryptoRank
  • List your token on CryptoRank
  • Any questions: info@cryptorank.io
Recent Posts
  • Join Blockchain Life 2023 in Dubai – The Crypto Event of the Year
  • Staking Summit 2023: Where the $92.73 Billion Staking Industry Meets Its Future
  • A must-attend for anyone interested in the future of decentralized technology — ETHMilan dedicated to exploring the potential of Ethereum and Web3 technologies
© 2023 cryptorank.io