‘This Is A Big Deal’—Bitcoin Price Braces For A $150 Billion BlackRock Game-Changer
Bitcoin has bounced back after plunging under $80,000 per bitcoin, sparking fears the bitcoin price could be headed a lot lower.
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The bitcoin price has climbed back to around $85,000 per bitcoin but remains at a “critical juncture” as a perfect storm sweeps the crypto market.
Now, as traders yank a record amount from bitcoin exchange-traded funds (ETFs), the world’s largest asset manager BlackRock has added bitcoin into its $150 billion model-portfolio ecosystem for the first time—described as a “big deal” by one analyst.
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