BlackRock adds $900M BTC as Bitcoin long-term selling falls to 2017 lows
BlackRock has increased its Bitcoin holdings by $900 million, signaling a strong institutional interest in the cryptocurrency. This move comes as long-term Bitcoin selling has dropped to levels not seen since 2017, indicating that investors are holding onto their assets rather than selling. The decline in selling activity suggests a growing confidence in Bitcoin's future value. Additionally, the overall market sentiment appears to be shifting towards accumulation rather than liquidation.
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