BlackRock Buying Ethereum Like Crazy! ๐๐ฐ Why BTC and ETH Going to the Moon? ๐
Aslam mu alakum, and hello every one how are you, hope you all will be happy and fine.
Today I see one very big bullish news. The worldโs biggest money company BlackRock is now buying so much Ethereum (ETH). They now have around $10 billion ETH in their hands.
๐ What is happening?
BlackRock is not small company. It is very big in America and world. When they buy crypto, it means they trust in crypto future. Now they are buying ETH like crazy. Before this, they also buy Bitcoin (BTC).
๐ Why they doing this?
Maybe because they know soon Ethereum ETF will come. This means people can invest in ETH like stock. When ETF comes, price can go very high. So BlackRock buying now, before price go more up.
๐ Why BTC and ETH going to moon?
Because when big companies like BlackRock buy, small investors also start buying. People feel safe. They think, โIf BlackRock buy, maybe I should buy too.โ This makes demand high, and price start flying
โ Good for crypto market
Big trust from Wall Street,More new money coming ,Strong signal for bull run,So friends, this is why BTC and ETH touching sky. But still, always learn and invest safe.
thank you for reading ๐
Allah Hafiz