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BlackRock Extends Bitcoin Selling Spree
BlackRock, a leading asset management firm, has extended its Bitcoin selling spree since late October. The firm has sold $104.97 million worth of Bitcoin, marking the fourth consecutive week of negative daily trading sessions. Despite initial signs of potential recovery, Bitcoin has experienced a sharp price drop, falling from over $80,000 to $75,114 in just 24 hours, with a 5.22% decline over the past day.