🚨 LATEST MARKET UPDATE:
$C98 BlackRock’s Bitcoin ETF $IBIT has just made history.
According to Bloomberg ETF analyst Eric Balchunas, $IBIT recorded nearly $10 billion in daily trading volume, which is a new record since the ETF was launched.
👉 Important detail:
This huge volume came on a very bad market day.
What happened?
Bitcoin price dropped around 13% in one day
This was the second-worst day for $IBIT since its launch
Even with falling prices, traders were extremely active
What does this mean?
High volume during a price drop shows strong institutional activity
Big players are buying, selling, or rebalancing positions
It proves that Bitcoin ETFs are now a major part of the market
Why is this important for crypto?
BlackRock is the world’s largest asset manager
Such massive volume shows Bitcoin is taken seriously by institutions
Volatility is high, but interest is also very strong
Market takeaway:
Panic selling and smart money buying often happen together
Big volume = big decisions being made
Long-term, this kind of activity keeps Bitcoin relevant in global finance
📌 Related tokens to watch:
$C98 |
$DCR |
$PARTI ⚠️ As always, do your own research (DYOR) and manage risk carefully.
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