BlackRock Bitcoin fund launch sends BTC price towards $25K

Cointelegraph

Published Aug 11, 2022 10:15AM ET

Updated Aug 11, 2022 12:00PM ET

Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world's largest asset manager had launched a BTC product.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spike to $24,921 on Bitstamp as United States stocks trading got underway.

Bitcoin levels annotated chart. Source: Whalemap/ Twitter (NYSE:TWTR)
CME Bitcoin futures 1-day candle chart with nearest "gap" highlighted. Source: TradingView

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