{"id":550845,"date":"2023-09-12T01:00:32","date_gmt":"2023-09-12T01:00:32","guid":{"rendered":"https:\/\/ktsl888.com\/?p=550845"},"modified":"2024-06-11T07:06:47","modified_gmt":"2024-06-11T07:06:47","slug":"gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/","title":{"rendered":"GBTC\u2019s Discount Narrows Amid Bitcoin&#8217;s Downturn, But A Bullish Trend Is Coming?"},"content":{"rendered":"<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">The Grayscale Bitcoin Trust (GBTC) share price has again made headlines. <\/span><span class=\"selectable-text copyable-text\">Its premium or discount to Bitcoin&#8217;s net asset value (NAV), often viewed as an indicator of institutional sentiment towards the cryptocurrency,<\/span><span class=\"selectable-text copyable-text\">\u00a0has displayed a notable <a href=\"https:\/\/www.coinglass.com\/Grayscale\" target=\"_blank\" rel=\"noopener nofollow\">trend<\/a> recently, even amid the prevailing bearish atmosphere.<\/span><\/p>\n<h2 dir=\"ltr\"><span class=\"selectable-text copyable-text\">GBTC\u2019s Evolving Price Dynamics<\/span><\/h2>\n<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">The phenomenon of GBTC\u2019s share price inching closer to Bitcoin&#8217;s market price is worth noting. The correlation between the two has been historically significant, with price differences often <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/gbtc-spells-doom-bitcoin-break-down\/\" target=\"_blank\" rel=\"noopener \">shedding light on broader market sentiments<\/a>.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/all\/bitcoin-weekly-td-sequential-buy-setup\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Weekly TD Sequential Buy Setup Appears, But Warns Of Potential Risk<\/a><\/div>\n<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">According to data from CoinGlass, a renowned crypto monitoring platform, the GBTC shares were recorded trading at a 17.17% discount to the BTC\/USD rate as of September 9th, the last update.<\/span><\/p>\n<figure style=\"width: 1392px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/s3.cointelegraph.com\/uploads\/2023-09\/8e7d9341-4c36-4a99-a649-d598ff9b28d6.png?resize=1392%2C510&#038;ssl=1\" alt=\"Grayscale GBTC Premium chart against BTC\/USD and asset holdings\" width=\"1392\" height=\"510\"><figcaption class=\"wp-caption-text\">Grayscale GBTC Premium chart against BTC\/USD and asset holdings. | Source: <a href=\"https:\/\/www.coinglass.com\/Grayscale\" target=\"_blank\" rel=\"noopener nofollow\">Coinglass<\/a><\/figcaption><\/figure>\n<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">Such levels haven&#8217;t been witnessed since December 2021, highlighting a <a href=\"https:\/\/ktsl888.com\/breaking-news-ticker\/breaking-grayscale-triumph-sec-crushed-gbtc-rockets-towards-etf-bitcoin-targets-28000\/\" target=\"_blank\" rel=\"noopener \">potentially shifting sentimen<\/a>t in the market. The so-called &#8220;GBTC Premium,&#8221; previously a surplus, has been a discount to the net asset value for a while now.<\/span><\/p>\n<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">The shift was drastic at one juncture that the differences <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/why-the-gbtc-discount-could-lead-to-a-bitcoin-sell-off\/\" target=\"_blank\" rel=\"noopener \">neared roughly 50%<\/a> last November. Such variance has led to a divergence between GBTC&#8217;s performance and Bitcoin&#8217;s price strength, especially as Bitcoin revisits price zones it hasn&#8217;t seen in the past six months.<\/span><\/p>\n<figure style=\"width: 1336px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/s3.cointelegraph.com\/uploads\/2022-11\/71330332-e27d-4496-8fe5-c2fe87b6433d.png?resize=1336%2C500&#038;ssl=1\" alt=\"Greyscale GBTC premium reaching 50% discount. \" width=\"1336\" height=\"500\"><figcaption class=\"wp-caption-text\">Greyscale GBTC premium reaching 50% discount. | Source: <a href=\"https:\/\/www.coinglass.com\/Grayscale\" target=\"_blank\" rel=\"noopener nofollow\">Coinglass<\/a><\/figcaption><\/figure>\n<h2 dir=\"ltr\">What This Could Mean For Bitcoin<\/h2>\n<p><span class=\"selectable-text copyable-text\">The narrowing of <a href=\"https:\/\/ktsl888.com\/crypto\/gbtc-shares-grayscale\/\" target=\"_blank\" rel=\"noopener \">GBTC&#8217;s discount<\/a> isn\u2019t just an isolated event. It paints a broader picture of potential market sentiment shifts and future movements. <\/span><\/p>\n<p><span class=\"selectable-text copyable-text\">Notably, a shrinking discount can be interpreted as a sign of growing institutional interest, as the GBTC serves as a <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/grayscale-met-with-the-sec-tried-to-convince-them-to-turn-the-gbtc-into-an-etf\/\" target=\"_blank\" rel=\"noopener \">prominent avenue for institutions<\/a> to gain exposure to Bitcoin without directly holding the asset. If institutional interest is indeed on the rise, this could bode well for Bitcoin&#8217;s mid to long-term price outlook.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/crypto\/gbtc-shares-grayscale\/\" target=\"_blank\" rel=\"noopener \">GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale\u2019s Victory Lap<\/a><\/div>\n<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">Nevertheless, Bitcoin is currently seeing a downtrend. The asset has plunged nearly 15% in the past month and 2% in the last 24 hours. As a result, its price has fallen below the recently established $26,000 mark, trading at $25,175 at the time of writing.<\/span><\/p>\n<figure style=\"width: 2770px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/xT1UyCx9\/\" alt=\"Bitcoin (BTC) price chart on TradingView\" width=\"2770\" height=\"1556\"><figcaption class=\"wp-caption-text\">Bitcoin (BTC) price is moving sideways on the 4-hour chart. Source: BTC\/USDT on <a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ABTCUSDT\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p dir=\"ltr\">According to Cryptocon, <span class=\"selectable-text copyable-text\">a trader and analyst, Bitcoin might see a weaker performance this month as October often brings a turnaround and more decisive price action.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">September is historically a pretty bad month for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">#Bitcoin<\/a>, that&#8217;s just the facts.<\/p>\n<p>October is historically very bullish.<\/p>\n<p>But maybe, it&#8217;s November that will bring the turn around we need according to our performance since the halving dates.<\/p>\n<p>To be\u2026 <a href=\"https:\/\/t.co\/Olg0XHVxKG\" target=\"_blank\" rel=\"noopener nofollow\">pic.twitter.com\/Olg0XHVxKG<\/a><\/p>\n<p>\u2014 CryptoCon (@CryptoCon_) <a href=\"https:\/\/twitter.com\/CryptoCon_\/status\/06132961?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">September 11, 2023<\/a><\/p><\/blockquote>\n<p dir=\"ltr\"><span class=\"selectable-text copyable-text\">This perspective aligns with a prevalent crypto community theory that marks November 28th as a quadrennial &#8220;<a href=\"https:\/\/twitter.com\/CryptoCon_\/status\/95775624?s=20\" target=\"_blank\" rel=\"noopener nofollow\">bull run launch<\/a>&#8221; for Bitcoin.<\/span><\/p>\n<p dir=\"ltr\">Featured image from iStock, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Grayscale Bitcoin Trust (GBTC) share price has again made headlines. Its premium or discount to Bitcoin&#8217;s net asset value (NAV), often viewed as an indicator of institutional sentiment towards the cryptocurrency,\u00a0has displayed a notable trend recently, even amid the prevailing bearish atmosphere. GBTC\u2019s Evolving Price Dynamics The phenomenon of GBTC\u2019s share price inching closer to Bitcoin&#8217;s market price is worth noting. The correlation between the two has been historically significant, with price differences often shedding light on broader market sentiments. Related Reading: Bitcoin Weekly TD Sequential Buy Setup Appears, But Warns Of Potential Risk According to data from CoinGlass, a renowned crypto monitoring platform, the GBTC shares were recorded trading at a 17.17% discount to the BTC\/USD rate as of September 9th, the last update. Such levels haven&#8217;t been witnessed since December 2021, highlighting a potentially shifting sentiment in the market. The so-called &#8220;GBTC Premium,&#8221; previously a surplus, has been a discount to the net asset value for a while now. The shift was drastic at one juncture that the differences neared roughly 50% last November. Such variance has led to a divergence between GBTC&#8217;s performance and Bitcoin&#8217;s price strength, especially as Bitcoin revisits price zones it hasn&#8217;t seen in the past six months. What This Could Mean For Bitcoin The narrowing of GBTC&#8217;s discount isn\u2019t just an isolated event. It paints a broader picture of potential market sentiment shifts and future movements. Notably, a shrinking discount can be interpreted as a sign of growing institutional interest, as the GBTC serves as a prominent avenue for institutions to gain exposure to Bitcoin without directly holding the asset. If institutional interest is indeed on the rise, this could bode well for Bitcoin&#8217;s mid to long-term price outlook. Related Reading: GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale\u2019s Victory Lap Nevertheless, Bitcoin is currently seeing a downtrend. The asset has plunged nearly 15% in the past month and 2% in the last 24 hours. As a result, its price has fallen below the recently established $26,000 mark, trading at $25,175 at the time of writing. According to Cryptocon, a trader and analyst, Bitcoin might see a weaker performance this month as October often brings a turnaround and more decisive price action. September is historically a pretty bad month for #Bitcoin, that&#8217;s just the facts. October is historically very bullish. But maybe, it&#8217;s November that will bring the turn around we need according to our performance since the halving dates. To be\u2026 pic.twitter.com\/Olg0XHVxKG \u2014 CryptoCon (@CryptoCon_) September 11, 2023 This perspective aligns with a prevalent crypto community theory that marks November 28th as a quadrennial &#8220;bull run launch&#8221; for Bitcoin. Featured image from iStock, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":550855,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,78790,86908,6664,7558],"class_list":["post-550845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusdt","tag-coinglass","tag-crypto","tag-gbtc"],"acf":[],"yoast_head":"\n<title>GBTC\u2019s Discount Narrows Amid Bitcoin&#039;s Downturn, But A Bullish Trend Is Coming?<\/title>\n<meta name=\"description\" content=\"The Grayscale Bitcoin Trust (GBTC) share price has once again made it to the headlines. 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Its premium or discount to Bitcoin&#039;s net asset...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-12T01:00:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:06:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?fit=700%2C500\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"GBTC\u2019s Discount Narrows Amid Bitcoin&#8217;s Downturn, But A Bullish Trend Is Coming?\",\"datePublished\":\"2023-09-12T01:00:32+00:00\",\"dateModified\":\"2024-06-11T07:06:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/\"},\"wordCount\":523,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?fit=700%2C500\",\"keywords\":[\"bitcoin\",\"btc\",\"BTCUSDT\",\"Coinglass\",\"crypto\",\"gbtc\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/\",\"url\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/\",\"name\":\"GBTC\u2019s Discount Narrows Amid Bitcoin's Downturn, But A Bullish Trend Is Coming?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?fit=700%2C500\",\"datePublished\":\"2023-09-12T01:00:32+00:00\",\"dateModified\":\"2024-06-11T07:06:47+00:00\",\"description\":\"The Grayscale Bitcoin Trust (GBTC) share price has once again made it to the headlines. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. 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Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"GBTC\u2019s Discount Narrows Amid Bitcoin's Downturn, But A Bullish Trend Is Coming?","description":"The Grayscale Bitcoin Trust (GBTC) share price has once again made it to the headlines. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"GBTC\u2019s Discount Narrows Amid Bitcoin&#8217;s Downturn, But A Bullish Trend Is Coming?","url":"http:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?fit=700%2C500"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusdt","coinglass","crypto","gbtc"],"dateCreated":"2023-09-12T01:00:32Z","datePublished":"2023-09-12T01:00:32Z","dateModified":"2024-06-11T07:06:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"GBTC\\u2019s Discount Narrows Amid Bitcoin&#8217;s Downturn, But A Bullish Trend Is Coming?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/gbtcs-discount-narrows-amid-bitcoins-downturn-but-a-bullish-trend-is-coming\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?fit=700%2C500\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusdt\",\"coinglass\",\"crypto\",\"gbtc\"],\"dateCreated\":\"2023-09-12T01:00:32Z\",\"datePublished\":\"2023-09-12T01:00:32Z\",\"dateModified\":\"2024-06-11T07:06:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/09\/GBTCs-Discount-Narrows-Amid-Bitcoins-Downturn.jpg?fit=700%2C500","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/550845"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=550845"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/550845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/550855"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=550845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=550845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=550845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}