Market Panic: BlackRock Moves $72.9M in Bitcoin Amid Broader Crypto Sell-Off
NEWYORK — Panic is gripping the crypto market today after BlackRock liquidated $72,920,000 in Bitcoin. The massive sell-off triggered a wave of automated trading exits, sending the BTC price chart into a steep, vertical dive.
Key Highlights:
The Trigger: Large-scale institutional outflow from BlackRock.
The Impact: Bitcoin is plummeting toward the $60,000 support floor.
Market Mood: "Extreme Fear" as retail investors scramble to sell.
While analysts debate if this is a strategic exit or routine ETF redemption, the result is the same: red across the boards and rising investor stress.#BlackRock #fearandgreedindex #sell #Bitcoin❗
