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Bitcoinist 2024-09-16 12:30:12

BlackRock And Bitcoin ETFs Shielded BTC From Massive Drops — Analyst

BlackRock and Bitcoin ETFs, according to Bloomberg analyst Eric Balchunas, have consistently stopped disastrous declines in the value of the crypto. Related Reading: Crypto Beef Up 2024 US Elections With $190 Million In Donations This coincides with speculations that BlackRock uses Coinbase’s Bitcoin IOUs to control the market, therefore shorting BTC and perhaps triggering price

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