Blackrock purchase signals worth $ 30.8 million of budget signals for investors in the encrypted currency | Flash news details

On April 17, 2025, Blackrock, one of the world’s leading asset management companies, took a big step by buying $ 30.8 million from Bitcoin (BTC) as Crypto Rover said on Twitter (Crypto Rover, April 17, 2025). This acquisition occurred at a time when Bitcoin was trading at $ 67,450 for the coin, which led to Blackrock about 456.6 BTC (Coinmarketcap, April 17, 2025). The deal was made at 10:30 am International time, and immediately sparked up bullish feelings across the encrypted currency market. The news of Blackrock’s investments was seen as a strong vote on the bitcoin value in the long run, especially given the company’s reputation and impact in the financial sector. After the announcement, the Bitcoin price increased by 3.2 % during the first hour, reaching $ 69,600 by 11:30 am UDP (TradingView, April 17, 2025). This price movement was accompanied by a significant increase in trading volume, as more than $ 1.2 billion was traded in BTC on the main stock exchanges during the same clock (Coingecko, April 17, 2025). The market’s reaction to the purchase of Blackrock emphasizes the impact of institutional investments on the prices of cryptocurrencies and market morale.

Trading effects to buy Bitcoin from Blackrock worth $ 30.8 million. Immediately after the announcement, there was a noticeable increase in trading activity across various bitcoin trading pairs. For example, the BTC/USD pair witnessed a 25 % increase in trading volume during the first hour, reaching a total of $ 800 million in trading (Binance, April 17, 2025). Likewise, the BTC/EUR pair on Kaken increased by 20 % in size, with a total of $ 300 million (Kraken, April 17, 2025). This increase in trading volume indicates an increase in interest and liquidity in the market, which may lead to increased volatility and possible trading opportunities. Moreover, the scales on the series reflected these upward feelings, as the number of active bitcoin addresses increased by 10 % to 1.2 million within the first 24 hours after implementation (Glassnode, April 18, 2025). The rise in active headlines indicates that more investors participate with Bitcoin, which is likely to be driven by Blackrock investment news. This increased activity can increase the supply of bullish momentum in the market.

From the perspective of technical analysis, many major indicators indicated a bullish direction after bitcoin purchased from Blackrock. Bitcoin RSI, which measures the speed and change of price movements, rose from 65 to 72 during the first hour after the announcement, indicating strong purchase pressure (TradingView, April 17, 2025). In addition, the difference in moving average rapprochement (MACD) showed a bullish intersection, with a MACD line crossing over the signal line, confirming the positive momentum (Coinigy, April 17, 2025). The trading volume, as mentioned earlier, played an important role in this analysis, as the size indicator showed a clear rise at the time of advertising. This increase in size, in addition to increasing prices, indicates that the market is witnessing a strong upward trend. Moreover, the 50 -day moving average for bitcoin via the 200 -day moving average, known as the “Golden Cross”, which is often seen as a bullish signal by merchants (Coinbase, April 17, 2025). These technical indicators, along with increasing trading volumes and standards on the series, provide a comprehensive vision of the market reaction to Blackrock investment.

Related questions:
What is the exact amount of Bitcoin Blackrock that was purchased on April 17, 2025? Blackrock bought $ 30.8 million in Bitcoin, which amounted to about 456.6 BTC at the time of treatment (Crypto Rover, April 17, 2025).
How was the Bitcoin price reaction immediately after buying Blackrock? The Bitcoin price increased by 3.2 % during the first hour, reaching $ 69,600 by 11:30 am UTC (Tradingvief, April 17, 2025).
What are the trading volumes for BTC/USD and BTC/EUR couples after advertising? The BTC/USD pair witnessed a 25 % increase in trading volume during the first hour, as it reached a total of $ 800 million in trading, while the BTC/EUR pair on KARKEN increased by 20 % in size, with a total of $ 300 million (Binance, April 17, 2025; KAKEN, April 17, 2025).
What are the technical indicators that supported the bullish direction after Bitcoin purchased from Blackrock? The relative power index rose from 65 to 72, and MACD showed an upper intersection, and the 50 -day moving average passed over the moving average for 200 days, indicating the “goldView”, April 17, 2025; Coinigy, April 17, 2025; Coinbase, April 17, 2025).