BlackRock Dumps $80M in ETH for Bitcoin as Ethereum Fights Back Above $3,800

BlackRock, the global investment management corporation, has made a significant move by selling off $80 million in Ethereum (ETH) to invest in Bitcoin (BTC) instead. This decision comes at a time when Ethereum is experiencing a resurgence, managing to reclaim its position above the crucial $3,800 mark. As the cryptocurrency market fluctuates, the shift in BlackRock's investment strategy highlights the ongoing competition between these two leading cryptocurrencies and raises questions about future market trends and investor confidence. source: https://blocknews.com/blackrock-dumps-80m-in-eth-for-bitcoin-as-ethereum-fights-back-above-3800/