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CleanSpark Soars on BTC Pump

Crypto stocks are pumping as BTC pushes higher.
CleanSpark Soars on BTC Pump
Jack Inabinet Jack Inabinet
Feb 26, 2024 • 1 min read
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Crypto prices spiked on the open of the US stock market, sending Bitcoin Bitcoin up 5.7% to set a new cycle high! Who is bidding our bags?

This morning’s BTC transfer from Grayscale to Coinbase Coinbase was the smallest pre-market send since spot BTC ETFs launched, providing confirmation that GBTC outflows continue to taper and potentially signaling some amount of demand for GBTC.

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Jack Inabinet

Written by Jack Inabinet

542 Articles • View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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