US EditionBlackRock Adds 2,681 BTC As IBIT Holdings Surge Past 683K
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BlackRock Adds 2,681 BTC As IBIT Holdings Surge Past 683K
BlackRock increased its holdings in BTC on IBIT by 2,681 BTC to expand its holdings to over 683,000 BTC and dominate the market. Retail sentiment is becoming bullish; however, analysts are cautious that this may be a short-term risk since ETF inflows are high. The 50-day EMA at around $103,100 is crucial to Bitcoin, and breaking below this will move prices towards the $100,000 level. BlackRock has purchased an additional 2,681 BTC to its iShares…
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