Why BlackRock remains bullish on Bitcoin despite recent price slowdown

Bitcoin's recent struggle to hold the $100,000 level has revived familiar doubts about whether institutional demand is durable. However, in a new filing with the US Securities and Exchange Commission, BlackRock signals the opposite conclusion, saying its conviction in Bitcoin's long-term relevance remains intact despite short-term market weakness.

Source: cryptoslate.com

Related symbols: BTCUSD