Blackrock Resumes Bitcoin Buying, Is A Breakout To $70K Next?

BlackRock has increased its exposure to cryptocurrencies, buying an additional 529 BTC and 2,420 ETH. With these new acquisitions, BlackRock now has 359,606 BTC with an estimated value of $22.82 billion and 350,000 ETH with an estimated value of $23 billion. The on-going purchasing by BlackRock demonstrates that institutional investors remain bullish on the long-term The post Blackrock Resumes Bitcoin Buying, Is A Breakout To $70K Next? appeared first on CoinGape .

Source: CoinGape