Bitcoin hovers just under $40,000 as market tracks Grayscale o | Crypto | Ethereum | Bitcoin
Bitcoin hovers just under $40,000 as market tracks Grayscale outflows
Bitcoin price eclipsed $40,000 at different points on Wednesday but largely hovered just below that mark, as market watchers continued to observe the selling off of Grayscale's spot bitcoin ETF. The price of the world's largest cryptocurrency by market capitalization was $39,672 at 4:37 p.m. ET, according to The Block's Price Page. While it's up 1.3% over the past 24 hours, bitcoin's price has declined nearly 14% over the past two weeks.
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