BlackRock has offloaded $68.7 million in Bitcoin. $BTC | MR-FALCON on Binance Square

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BlackRock has offloaded $68.7 million in Bitcoin.$BTC 
BTC
90,313.66
-2.85%

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Market Update In the coming days, Bitcoin could see a short-term push upward, followed by a quick drop in both BTC and altcoins. This pullback may act as the final shakeout before a stronger rally expected in September–October. #MarketPullback

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Approximately 910,461 ETH, valued at $3.9 billion, is currently pending withdrawal in Ethereum’s exit queue. $ETH #ETHStakingExitWatch

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BlackRock has made a massive move into the crypto market, purchasing a staggering $12.06 billion worth of Ethereum ($ETH). This acquisition signals a strong institutional interest in the asset, potentially influencing market sentiment and liquidity. Such a large-scale buy not only reinforces Ethereum’s position as a leading blockchain platform but also raises questions about future price movements, long-term adoption, and how traditional finance giants are positioning themselves in the digital asset space. With BlackRock’s involvement, the spotlight on Ethereum just got a lot brighter. $ETH #ETHTreasuryStrategy

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Samson Mow claims that Ethereum investors are shifting their Bitcoin holdings to fuel $ETH’s price rally, driven by fresh narratives such as “Ethereum Treasury companies.” He warns that once $ETH hits new highs, many will sell and move profits back into $BTC, adding, “No one wants ETH in the long run.” $ETH #ETHTreasuryStrategy

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Which three underrated altcoins are on your radar for this altseason? 🔥 👇👇👇👇 #altcoins

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