Bitcoin dropped to $58,000 on Wednesday, and even as newbie crypto traders and BTC non-believers plant FUD in the minds of other holders, the "hodlers" are displaying a serious sense of unity.
Grayscale was seen moving over $400 million worth of BTC Tuesday amid a Bitcoin exodus within its spot BTC ETF that has left the crypto community wondering what the future holds for GBTC.
Bitcoin climbed above $72,000 Monday, with Michael Saylor and other Bitcoin enthusiasts celebrating the digital coin s move near its all-time high last month.