Citing CoinRepublic, BlackRock moved 2,196 BTC worth $202.76 million to Coinbase ahead of the Federal Reserve's rate decision, causing Bitcoin's price to drop below $92,000. The transfer, noted by on-chain analytics platforms, has raised concerns among investors and triggered a nearly 2% decline in BTC over the past 24 hours. BlackRock's Bitcoin ETF (IBIT) also recorded $135.4 million in outflows, indicating bearish sentiment in the market.
Bitcoin Price Slips as BlackRock Dumps 2,196 BTC to Coinbase Ahead of FOMC Meeting
The Coin RepublicShare
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