Bitcoin Price Big Alert!!! After this news now we have conf
CryptoPotato
Updated at: 2 days ago
{"content":"Bitcoin Price Big Alert!!!
After this news now we have confirmed that bitcoin drops down below 100k.
The biggest Bitcoin fund in the world lost money for the first time in a while. It lost 430 million. This happened as the price of Bitcoin went up again after being at its highest price ever.
BlackRock's IBIT fund, which has 69.2 billion, had 430 million go out on Friday. Overall, all the U.S. Bitcoin funds lost 616 million on Friday. That was their worst day since February 26. Bitcoin's price dropped 4% in the last five days.
Even with the money going out, IBIT is still the biggest Bitcoin fund. It has more than three times the money of the next biggest fund, Fidelity's FBTC. FBTC has 20.8 billion. IBIT owns 3.33% of all Bitcoin, while FBTC owns 1%.
IBIT usually makes up about 80% of the trading volume for these Bitcoin funds. The funds stopped getting new money for 10 days on Thursday. IBIT was the only one that got any money that day.
One expert said that IBIT is getting a lot more money than other funds. He thinks big companies are buying Bitcoin more than regular people are.
Another expert said IBIT has done amazing, reaching almost 70 billion in assets in less than 17 months. He said it's hard to believe how well it's done.
Thankyou and Thanks for your time
#PCEMarketWatch #BlackRock #Bitcoincrashcandle #DumpandDump ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/01/2ae5bb1ebe8c49b1ad60595e402ac43b.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}