ETH Merge Coming Sooner, BlackRock With First Direct BTC Investment Product: This Week’s Crypto Recap
The past week was particularly eventful, and that’s reflected in the overall performance. The total cryptocurrency market capitalization is up almost $100 million as most of the coins are well in the green. Let’s unpack. The last move might have been propelled by an announcement that BlackRock – the world’s largest asset manager – is set to begin offering direct exposure to Bitcoin for institutional investors via a private BTC trust product. In any case, at the time of this writing, the price has withdrawn slightly below $24K.
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