Bitcoin Slips Below $17K Amid Rate Hike Concerns

Dec 7, 2022

Eaglebrook Advisors Vice President of Research Joe Orsini discusses his outlook for bitcoin as it dips slightly below the $17,000 level, amid interest rate hike concerns and continued fallout from crypto exchange FTX. Plus, his take on Grayscale Bitcoin Trust (GBTC) selling at close to a record 43% discount to the price of the underlying bitcoin in the trust. Grayscale and CoinDesk are both owned by Digital Currency Group.

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