The GBTC outflows on April 10 were approximately 15 times less than the average daily GBTC outflows recorded over the past four months.
Outflows from the Grayscale Bitcoin Trust (GBTC) have hit a new record low, down almost 90% from the previous day, coinciding with a rebound in Bitcoin (BTC) after new United States inflation data triggered volatility.
On April 10, GBTC saw outflows of $17.5 million, a significant decrease compared to the $154.9 million outflows recorded on April 9, as per Farside data.
Alongside this, Bitcoin’s price has increased 2.08% over the past 24 hours, currently standing at $70,474, as per CoinMarketCap data.
