GBTC is trading at $64.63, down 3.00%, as Bitcoin’s retreat from recent highs weighs directly on the fund.
- Wednesday’s broader risk-off session is adding pressure, with U.S. equities also lower.
- Brent crude’s rebound toward $100.55 and the 4.99% 10-year Treasury yield are renewing inflation and valuation concerns.
- Crypto markets were cooling on September 23, with Bitcoin reported down approximately 0.78%.