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by: xpoolPosted on: May 22, 2025

Bitcoin Surpasses $110,000 As BlackRock’s IBIT Buys Over 5,000 BTC

Bitcoin price surged past a new all-time high of $110,000 on May 21, 2025, with the investment firm Blackrock’s iShares Bitcoin Trust (IBIT) making significant purchases, scooping up nearly 5,000 BTC in a single day. This rally followed a sharp sell-off in U.S. markets, suggesting a potential connection between Bitcoin’s advance and institutional demand amidst market uncertainty.

Related posts:

  1. Institutions Projected to Invest $427 Billion in Bitcoin by 2026
  2. Bitcoin’s Profitability Surges as Institutional Demand Drives Price Surge
  3. Bitcoin Breaks Above $111K, Driven by Institutional Inflows
  4. Bitwise Forecasts $426 Billion Bitcoin Holdings as Institutional Investment Soars by 2026
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