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Tue, Jan 12, 2021 1:27 PM by Cryptopolitan

Grayscale lost nearly $4 billion in AUM as Bitcoin plummeted

TL;DR Breakdown: Grayscale assets valuation shrunk by almost $4 billion as cryptos dropped in price. This was mostly caused by Bitcoin’s drop to $30,000 within two days. Since January 10, Bitcoin (BTC) especially and other major cryptocurrencies, have been bleeding in price through January 11. The global cryptocurrency market took a heavy hit as the […]

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