BlackRock Buys $643 Million Worth Of Bitcoin: BTC To $100,000?
According to the data from Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF purchased $643.2 million worth of BTC on Apr. 23. The world’s largest asset manager had previously purchased $193.5 million worth of the asset on Apr. 22, and $41.6 million worth on Apr. 21. The firm bought a total of $878.3 million worth of BTC in just three days. Also Read: How 2 Brothers Hit $9 Million With Shiba Inu: Throwback Thursday Source: Farside Bitcoin Surges Amid BlackRock’s Buying Spree Source: Watcher Guru BlackRock’s recent purchases may have helped BTC breach the $90,000 mark. The asset has reclaimed the $92,000 price point for the first time since early March. Bitcoin (BTC) has faced a 1.3% correction in the daily charts but is green in the other time frames. The original crypto has rallied 9.5% in the weekly charts, 12.6% in the 14-day charts, 6.7% over the previous month, and 38.5% since April 2024. Source: CoinGecko Also Read: SEC Chair Paul Atkins Priority: Crypt...