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#GT #BTC #XRP #ETH #DOGE يجمع his investments in BlackRock to $691 million.
Will the price of Bitcoin reach 120,000 Dollar? The largest investor in exchange-traded funds in Asia is gathering his investments in BlackRock to 691 million Dollar.
This enhances confidence in BTC in the long term.
The price of Bitcoin rose above $104,000 on Friday, after the largest investor in exchange-traded funds in Asia pumped $691 million into the BlackRock Bitcoin fund, boosting the confidence of global institutions. Could increasing institutional inflows push the price of Bitcoin above $120,000 in the coming weeks?
The price of Bitcoin (BTC) is heading towards 120 thousand Dollar after the largest investor in exchange-traded funds in Asia increased its exposure to BlackRock.
At the time of publishing this report, Bitcoin (BTC) was trading at 104,007 Dollar, surpassing the critical psychological level of 104,000 Dollar despite the increasing volatility in the altcoin market this week.
This flexibility is strengthened by increasing institutional interest, particularly from the largest investor in ETFs in Asia, which has now raised its investment in BlackRock's Bitcoin exchange-traded fund to 691 million Dollar.