Bitcoin Surged Above $10,000 Today, Lifting Grayscale Bitcoin Trust 17%
Shares of Grayscale Bitcoin Trust (OTC: GBTC) jumped 17% on Monday, as the price of bitcoin leaped above $10,800.
Bitcoin's price rallied well above the key psychological threshold of $10,000, reaching prices the popular cryptocurrency hasn't hit in nearly a year. The gains come as the U.S. government pumps trillions of dollars of stimulus funds into the financial markets to ward off a deep and prolonged recession during the coronavirus pandemic.
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Source Fool.com
