📉BITCOIN📈
As for the#BTCtrend, we have been observing a slight decline in the value of Bitcoin in recent days. Nevertheless, in the long term, this cryptocurrency continues to show growth. Over the past year, the price of Bitcoin has gained over 176%, and since the beginning of the year it is up about 46%.
Yesterday, BlackRock, one of the largest asset managers in the world, took 10,140 Bitcoins from the market - an absolute record. Bitcoin's price has shot up to $64,000, and it all seems to be the result of the successful launch of ETFs in the United States1.
Notably, ETFs have collected approximately $7 billion worth of Bitcoin since January 11. This is a huge inflow of funds, and most of this volume comes from the BlackRock2 ETF.
This is an important phenomenon because it may influence the further development of the cryptocurrency market. It's worth following how these investments will develop in the future! 🚀🌟
#Bitcoin#Ethereum#Litecoin#Ripple#Cardano#Dogecoin#ShibaInu#SafeMoon#DogeArmy#Hodl #ETF #Binance #Write2Earn #Solana
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