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BlackRock Buys Bitcoin

Leading asset management firm BlackRock has made a significant Bitcoin purchase worth $151.46 million as of October 28, following a week of volatility. The purchase marks the second day the Bitcoin fund has recorded a notable net inflow after previous days of cautious trading. Bitcoin, which had recovered to trade above $81,000, is now trading around $80,509, showing a modest 0.04% decrease over the past 24 hours.

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