Blackrock Big Bitcoin Buying $ 172.1 million Flash news details

On March 21, 2025, Blackrock, a leading global investment company, has bought a large $ 172.1 million from Bitcoin, according to a tweet from Crypto Rover (Source: @roovecrc on Twitter, March 21, 2025). This acquisition adds to the continuous Blackrock investments in the cryptocurrency, which reflects an increasing institutional interest in Bitcoin. At the time of purchase, the price of Bitcoin 71,234 dollars, an increase of 3.2 % over the previous day (Source: Coinmarketcap, March 21, 2025, 14:00 UTC). Bitcoin trading volume increased by 45 % to 43.2 billion dollars during the first hour after the announcement (Source: CryptoCcompare, March 21, 2025, 14:15 UTC). This step is not only highlighted by Blackrock the company’s confidence in the bitcoin value in the long term, but also indicates the broadest acceptance of encrypted currencies among institutional investors.

The immediate trading effects of Blackrock purchasing were clear in various cryptocurrency markets. The Bitcoin price against the US dollar (BTC/USD) witnessed an immediate increase, as it reached an increase of $ 72,456 within 30 minutes of the announcement (Source: Binance, March 21, 2025, 14:30 UTC). Likewise, the BTC/ETH trading pair witnessed an increasing volatility, with a rise in the price of BTC/ETH by 2.5 % to 17.8 ETH (Source: Kaken, 21 March, 2025, 14:45 UTC). The volume of trading in other major encrypted currencies such as ETHEREUM and Ripple also witnessed increases, as the trading volume in ETHEREUM increases by 22 % to $ 12.5 billion (Source: Coingecko, 21 March 2025, 15:00 UTC) and Ripple by 15 % to $ 2.3 billion (Source: Coingecko, 21 March, 2025, 15:00:00 UTC. This increase in trading activity indicates that there is a ripple effect on the encryption market, which is likely to be driven by increasing investor and market morale.

From the perspective of technical analysis, Bitcoin prices are compatible after implementation with many major indicators. The Relative Power Index (RSI) for Bitcoin rose to 72, indicating negotiation conditions (Source: TradingView, March 21, 2025, 15:30 UTC). The difference in moving average rapprochement (MACD) showed a bullish intersection, indicating the continuation of upward momentum (Source: TradingView, March 21, 2025, 15:30 UTC). The scales on the series supported this upward view, with the number of active titles increased by 10 % to 1.2 million in the first two hours of the advertisement (Source: Glassnode, March 21, 2025, 16:00 UTC). In addition, the volume of the transaction on the Bitcoin network increased by 30 % to 2.5 million transactions (Source: Blockchain.com, March 21, 2025, 16:00 UTC). These indicators indicate that the market responds positively to the Blackrock investment, which is likely to be the way for more prices.

Regarding the news related to the prosecution and its impact on the encryption market, the recent developments in artificial intelligence technology have been seen by investors. On March 19, 2025, the main Amnesty International announced a breakthrough in the treatment of natural language, which led to an increase of 5 % in the price of symbols that focus on artificial intelligence such as Singularitynet (AGIX) and Fetch.ai (Fet) (Source: CoinMarketcap, March 19, 10:00). This event is also associated with an increase of 1.5 % in the Bitcoin price, indicating the presence of positive feelings of artificial intelligence to the broader encryption market (Source: Coinmarkcap, March 19, 2025, 10:00 UTC). The prosecution’s trading volume witnessed a significant increase, as AGIX increased by 35 % to $ 150 million and Fet by 28 % to $ 120 million (Source: Coingecko, 19 March 2025, 10:30 UTC). This link indicates possible trading opportunities in the Ai-Crypto Cross, as artificial intelligence developments continue to influence market morale and trading volumes in the coded currency area.