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According to data from Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF has purchased $1.1 billion worth of BTC over three days. The world’s largest asset manager bought $193.5 million worth of BTC on Apr. 22, $643.2 million worth on Apr. 23, and $327.3 million worth on Apr. 24. BlackRock’s recent buying spree comes amid a market-wide resurgence. Also Read: Why No Currency Can Replace U.S. Dollar’s Power: IMF Data Is Clear Source: Farside Investors Bitcoin Surges After BlackRock’s $1.1 Billion Buy BTC has reclaimed the $93,000 mark after its recent descent to below $75,000. BTC is currently training in the green zone across all time frames. The asset is up 1.4% in the daily charts, 10.5% in the weekly charts, 15.5% in the 14-day charts, 6.5% over the previous month, and 45.7% since April 2024. Source: CoinGecko Also Read: Shiba Inu: $18 Million Profits in SHIB If You Invested ‘At This Time’ Other bullish factors may have also propelled Bitcoin’s (BTC) ...

According to data from prominent crypto analyst Ali Martinez, Ripple whales picked up more than 380 million XRP tokens over the last ten days, worth nearly $228 million. The purchase comes amid a market resurgence, with Bitcoin (BTC) reclaiming the $63,000 mark as of today. Also Read: Top Meme Coins to Buy Now for 2x Gains – Don’t Miss Out! Market Resurgence and Bitcoin’s Performance #Ripple whales bought over 380 million $XRP in the past 10 days, worth around $228 million! pic.twitter.com/Fs9ayiHITA — Ali (@ali_charts) September 19, 2024 XRP is also witnessing a trend reversal, rallying 1% in the daily charts, 4.1% in the weekly charts, and 8.7% in the 14-day charts. XRP continues to glow red in the monthly charts, falling 1.2% in the last 30 days. Source: CoinGecko Will XRP Rally After The Whale Purchases? Anticipated Price Spike Ripple whales may be anticipating a price spike that will lead to a surge in purchases. The Federal Reserve recently cut interest rates by 50 bas...