BTC price nears $67K as new GBTC Bitcoin outflows pass $550M

BTC price advances steamroller toward all-time highs despite a fresh rebound in GBTC Bitcoin outflows.

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Bitcoin (BTC) pushed above $66,000 at the March 4 Wall Street open despite “reaccelerating” outflows from its largest institutional investment vehicle.

Data from Cointelegraph Markets Pro and TradingView tracked BTC price upside building on an already strong day, hitting $66,483 on Bitstamp.

The market had made swift gains after the weekly close and was up 5% on the day at the time of writing.

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