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via Cointelegraph · By Cointelegraph Staff

Bitcoin Price Shrugs off $1.3B BlackRock ETF Block Sale

BTC

BTC/USDT

$64,543.10

+0.93%

$64,543.10

+0.93%

(24s)

24h Volume

$4,302,981,922.78

24h H/L

$64,599.95 / $63,949.96

Change: $649.99 (1.02%)

Long/Short

65.3%

Long: 65.3%Short: 34.7%

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,522.97

▲ 0.23%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,630.19

Price$64,522.97

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

Cointelegraph Staff

(02:24 PM UTC)

1 min read

Verified byDavid Kim

645 views

0 comments

A roughly $1.3 billion block trade in BlackRock’s iShares Bitcoin Trust (IBIT) tested liquidity in the largest spot Bitcoin exchange-traded fund (ETF) as Bitcoin products faced a fresh stretch of outflows.

Bloomberg’s ETF analyst, Eric Balchunas, confirmed the transaction, adding that the market “absorbed it well” as IBIT’s price remained largely unchanged, he wrote in a Tuesday X post.

Bitcoin's…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Cointelegraph Staff · Cointelegraph

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