Community Articles

via BeInCrypto · By Lockridge Okoth

BlackRock IBIT Sheds $1 Billion in Bitcoin as Larry Fink Quote Misleads Traders

BTC

BTC/USDT

$62,107.58

-4.62%

$62,107.58

-4.62%

(24s)

24h Volume

$19,832,121,645.14

24h H/L

$65,622.83 / $61,938.00

Change: $3,684.83 (5.95%)

Long/Short

67.8%

Long: 67.8%Short: 32.2%

Funding Rate

-0.0031%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,307.22

▼ -2.68%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,671.85

Resistance 1$62,875.03

Price$62,307.22

Support 1$61,834.89

Support 2$60,537.38

Support 3$59,109.82

Pivot (PP):$62,840.20

Trend:Downtrend

RSI (14):36.3

Lockridge Okoth

(02:39 PM UTC)

1 min read

Updated byMichael Roberts

980 views

0 comments

BlackRock-linked wallets sold $1.01 billion in Bitcoin (BTC) across five trading days last week, a wave of selling that surfaced just as a viral clip of Larry Fink praising crypto recirculated.

The juxtaposition drives notable debate as BTC holds near $77,000, suggesting other buyers absorbed the supply pushed out by iShares Bitcoin Trust (IBIT) redemptions.

Bitcoin (BTC) Price Performance.…

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

Lockridge Okoth · BeInCrypto

Read original →

Live BTC price →More BTC news →

Comments