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Panic Buying Observed as Bitcoin Approaches All-Time High Amid Surge in BlackRock’s ETF Trading Volume Coinotag 3 weeks ago

Panic Buying Observed as Bitcoin Approaches All-Time High Amid Surge in BlackRock’s ETF Trading Volume 📈

Eric Balchunas Bitcoin BlackRock

ETF analyst Eric Balchunas notes a sharp increase in trading volume for BlackRock's Bitcoin ETF, suggesting a trend of panic buying among investors. As Bitcoin inches closer to its all-time high, this development indicates a solid investor interest in Bitcoin.

On October 29, BlackRock's Bitcoin ETF (IBIT) experienced a significant trading volume boost, underscoring the growing demand for the cryptocurrency. This uptick in trading activity suggests investors are keen on capitalizing on Bitcoin's potential gains.

Source: en.coinotag.com ↗

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