Community Articles

via Cointelegraph · By Cointelegraph Staff

Bitcoin Price Shrugs off $1.3B BlackRock ETF Block Sale

BTC

BTC/USDT

$62,993.24

-2.09%

$62,993.24

-2.09%

(24s)

24h Volume

$18,160,848,469.62

24h H/L

$65,622.83 / $62,568.90

Change: $3,053.93 (4.88%)

Long/Short

66.5%

Long: 66.5%Short: 33.5%

Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,043.45

▼ -1.53%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,694.34

Resistance 1$63,976.31

Price$63,043.45

Support 1$62,294.26

Support 2$60,996.14

Support 3$59,130.91

Pivot (PP):$63,295.91

Trend:Downtrend

RSI (14):38.2

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Cointelegraph Staff · Cointelegraph

Read original →

Live BTC price →More BTC news →

Comments