Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

BlackRock's Bitcoin ETF sees $1.29B share sale, causing Bitcoin price dip but stabilizing above $75K.

Market News
27 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

BlackRock experienced a massive $1.29 billion sale of its Bitcoin ETF (IBIT) shares during a single trading session, marking one of the largest institutional sales ever. This triggered a drop in Bitcoin's price from around $78,000 to $76,500, dipping below the 50-day moving average but stabilizing above $75,000 as buyers stepped in. Despite the short-term sell-off, institutional investors showed some long-term optimism by buying call options. Bitcoin's price remains bullish unless it falls below $75,000 with continued decline, suggesting the market may have absorbed the recent sell pressure.

More News

Privia Health expands to New Jersey, partnering with Neurology Group of Bergen County.

Privia Health expands to New Jersey, partnering with Neurology Group of Bergen County.

Privia Health Group, a national physician enablement company, announced its expansion into New Jersey through a partnership with Neurology Group of Bergen County (NGBC), a large neurology practice with 25 clinicians. NGBC will anchor the new Privia M...

Market News
Bullish
44 minutes ago
AsymBio launches Conjugation Toolbox for faster bioconjugate process development in 2-3 months

AsymBio launches Conjugation Toolbox for faster bioconjugate process development in 2-3 months

AsymBio, a biologics CDMO, introduced its Conjugation Toolbox to support customized and scalable process development for next-generation bioconjugates like antibody-drug conjugates (ADCs). This platform offers flexible conjugation methods, including ...

Others
Bullish
44 minutes ago
Matlantis integrates AI agent Claude Code to simplify atomistic simulations with natural language commands.

Matlantis integrates AI agent Claude Code to simplify atomistic simulations with natural language commands.

Matlantis has introduced an AI agent integration using Anthropic's Claude Code to its atomistic simulation platform, allowing researchers to create and run simulations via natural language. This innovation removes the scripting barrier in computation...

Others
Bullish
44 minutes ago
JenaValve names Edward Sarnowski as CTO to lead R&D after FDA approves Trilogy heart valve system

JenaValve names Edward Sarnowski as CTO to lead R&D after FDA approves Trilogy heart valve system

JenaValve Technology, Inc. has appointed Edward Sarnowski as Chief Technology Officer to lead its research and development efforts. This move follows the recent FDA approval of JenaValve's Trilogy Transcatheter Heart Valve System, designed to treat s...

Company Fundamentals
Bullish
44 minutes ago
US stock futures rise after tech rally; Fed likely to hold rates steady in June meeting

US stock futures rise after tech rally; Fed likely to hold rates steady in June meeting

US stock futures increased following a tech-led rally, with the Nasdaq advancing while the Dow Jones fell in the previous session. The Federal Reserve is almost certain to keep interest rates unchanged in June, according to CME Group's FedWatch tool....

Market News
Neutral
59 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App