OTCbid - Why Bitcoin Is Not At Risk Of Knocking $10,000 If Grayscale Increases Selling Pressure
" The crypto market has seen extreme selling pressure over the past week, with Bitcoin recording a fresh yearly low below its current levels. The number one crypto by market cap is entangled in the collapse of crypto exchange FTX and its subsequent fallout.
As of this writing, Bitcoin (BTC) trades at $16,650. In the last 24 hours, the cryptocurrency records sideways price action with a 5% in the previous week. Other cryptocurrencies in the top 10 by the market are following a similar trajectory and are trending to the downside.
Bitcoin Market At Risk Of Further Downside?
In the collapse of FTX, many companies have had to declare bankruptcy. Contagion is spreading across the nascent industry, which might affect major players, including the Grayscale Bitcoin Trust (GBTC), run by Digital Currency Group (DGC).
20K BTC BUYER AVAILABLE
-5% gross, -3% net, F2F, Escrow Brite Banc
NEW: 20K BTC @ -5% gross, -3% net, F2F, Escrow Brite Banc - Look For Seller
(Buyer : DMIC KDUN-GAIL)
A Buyer is looking for 20K BTC @ -5% gross, -3% net
Buyer = 3%
Buyerside = 1%
Sellerside = 1%
BRITE BANC escrow transaction
SELLER MANDATE ONLY
Interested parties should contact :