Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.
Watchlist
Published in the last two hours. Multiple named entities are involved.
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated.
Why this matters
Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Blackrock Believes Bitcoin’s Investment Case Holds Despite 50% Drop
Blackrock says bitcoin’s more than 50% pullback from its October 2025 high hasn’t changed the asset’s long-term investment case, a...
Ripple just scored two major institutional wins but XRP traders are bracing for a bigger move
On Aug. 18, Ripple deepened its push into traditional finance, securing a South Korean banking deal as its prime brokerage raised...
BlackRock clients buy $143.57M in Bitcoin through IBIT ETF
BlackRock's dominance in Bitcoin ETFs highlights growing institutional trust in crypto, potentially reshaping traditional investme...
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
Bitcoin Magazine Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock Bitcoin’s price is down n...
Bitcoin ETF holdings rise 8% despite 14% Q2 decline
Institutional dominance in Bitcoin ETFs suggests a shift in market power, potentially stabilizing prices and influencing future re...
Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held
Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 4...