Big Cap
GBTC Outflow Peaks, BTC Price on BitMEX Flash Crashes Below $10,000, Market Bleeds
The crypto market on March 19th saw significant declines, with Bitcoin plummeting to $65,000 USD and causing many altcoins to bleed out. The pressure stemmed from the redemption pressures of the GBTC fund reaching its peak and large sell orders on the BitMEX exchange. GBTC Outflow Peaks, BTC Price