BlackRock Buys 280 Bitcoin Worth $37.8 Million
In a major move, BlackRock—the world’s largest asset manager—purchased 280 Bitcoin valued at $37.8 million yesterday. This acquisition signals growing institutional interest in crypto despite market volatility. BlackRock's entry comes amid rising optimism for Bitcoin ETFs and broader adoption of digital assets. Whale activity is increasing, reflecting strong confidence in BTC's long-term potential. Analysts suggest this could trigger more institutional buying, pushing Bitcoin’s price higher in the coming months. As whales accumulate, market sentiment turns bullish, hinting at a strong upward momentum.
