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TheCoinRepublic

BlackRock Dumps $348M BTC, $117M ETH to Coinbase, Bitcoin Price Crashes Below $82K

Key Insights BlackRock, the world's largest asset manager, dumped more Bitcoin and Ethereum from its exchange-traded fund on Friday. As a result, Bitcoin price tanked below $81K, extending the 24-hour drop to 10%. This comes after US-listed spot Bitcoin ETFs saw the second-biggest outflow of $903 million. The broader crypto market has erased more than [...]The post BlackRock Dumps $348M BTC, $117M ETH to Coinbase, Bitcoin Price Crashes Below $82K appeared first on The Coin Republic.

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