GBTC is trading at $62.25, down -3.32%, as renewed Middle East attacks and supply concerns pushed Brent above $105/barrel, reviving inflation fears and lifting Treasury yields.

  • Bitcoin and the wider crypto market weakened as investors shunned risk; more than $550 million in leveraged positions were liquidated.
  • U.S. spot Bitcoin ETFs saw about $485 million in outflows on October 7. Broad-market weakness reinforced the risk-off move; the price context includes no GBTC volume data.