BlackRock IBIT Daily BTC Inflows: +203.6m: BBG

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

**Breaking News: Significant BTC Inflows for BlackRock IBIT**

In a recent report by Bloomberg (BBG), BlackRock’s iShares Bitcoin Trust (IBIT) has experienced impressive daily inflows. The latest data reveals that the fund saw an increase of 203.6 million BTC. This substantial inflow indicates a growing institutional interest in Bitcoin, highlighting BlackRock’s increasing involvement in the cryptocurrency space.

Such significant investments could potentially signal a bullish trend for Bitcoin, reflecting broader market confidence. Investors and crypto enthusiasts will undoubtedly keep a close eye on these inflows as they could have a notable impact on BTC’s market dynamics.

Stay tuned for more updates on this developing story.

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