BlackRock Bitcoin fund launch sends BTC price towards $25K
The announcement is the "most bullish news" ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street. Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world's largest asset manager had launched a BTC product.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilbert on BlackRock: "Here comes Wall Street"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spike to $24,921 on Bitstamp as United States stocks trading got underway.While going on to consolidate slightly below the....
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