# GBTC unlock edges closer as impact on Bitcoin price remains unclear
“# GBTC unlock edges closer as impact on Bitcoin price remains unclear ” As Bitcoin (BTC) struggles around the $32,700 mark after the July 8 price drop, another major event looms over the flagship cryptocurrency in July, the Grayscale Bitcoin Trust (GBTC) unlock. A total of nearly 40,000 BTC will be unlocked in July, amounting…