BlackRock has purchased $166.56 million worth of Bitcoin, signaling continued institutional interest in the cryptocurrency despite recent market volatility. This acquisition comes as Goldman Sachs disclosed its substantial crypto holdings, totaling $2.36 billion. Goldman Sachs' portfolio includes $1.1 billion in Bitcoin, $1 billion in Ethereum, $153 million in XRP, and $108 million in Solana.
The crypto market has faced significant price declines, with Bitcoin dropping over 27% in the past month, trading between $60,000 and $70,000. Despite this downturn, large-scale investors like BlackRock and Goldman Sachs are capitalizing on the dip, reinforcing their long-term confidence in digital assets. These moves are seen as bullish indicators, supporting theories of a potential super cycle in the crypto market.
BlackRock Acquires $166.56M in Bitcoin Amid Goldman Sachs' $2.36B Crypto Holdings
Avertissement : Le contenu proposé sur Phemex News est à titre informatif uniquement. Nous ne garantissons pas la qualité, l'exactitude ou l'exhaustivité des informations provenant d'articles tiers. Ce contenu ne constitue pas un conseil financier ou d'investissement. Nous vous recommandons vivement d'effectuer vos propres recherches et de consulter un conseiller financier qualifié avant toute décision d'investissement.
