According to EcoIran, Bitcoin is still facing selling pressure and its price has reached its lowest level in the last six weeks amid the withdrawal of capital from Grayscale's tradable fund.
According to Coin Telegraph, following the approval of Grayscale software by the United States Securities and Exchange Commission as a bitcoin tradable fund with the spot price, this fund on Monday (2nd of February) with the withdrawal of capital equal to 19 thousand 250 bitcoins.
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