Bitcoin Price Prediction: Blackrock Big Bitcoin Bet

BlackRock just placed its biggest weekly prediction bet on Bitcoin as it is trading at above the $74,000 price support. BlackRock’s spot bitcoin ETF, IBIT, absorbed $871 million in net inflows last week, leading every crypto ETF on the board.ETFs Flows, FarsideU.S. spot bitcoin ETFs collectively booked $1.9 billion in net inflows across the same five-day stretch, the strongest weekly haul since early February. …