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via u.todayAsset Management

BlackRock Sells $105 Million of Bitcoin as Recovery Stalls Again

FROM THE WIRE · U.TODAY

BlackRock, one of the world's leading asset management firms, has extended its prolonged Bitcoin selling spree, having continued to dump the asset since late October.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishContinued selling of Bitcoin by a major asset manager weighs on sentiment toward the cryptocurrency.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01BlackRock has extended its prolonged Bitcoin selling spree.
  2. 02It has continued to dump the asset since late October.
  3. 03The recovery is described as stalling again.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto76,315.21 USD+0.41%today +0.49%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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