The crypto money market has revived with a new news from the rooted names of traditional finance. One of the oldest educational institutions in the USA BROWN UNIVERSITYThat Blackrock has invested 4.9 million dollars in Bitcoin Trust (IBIT) fund US Securities and Stock Exchange CommissionNa (SEC) announced with the 13F form. Thus, Boston -based University, Emory and Austin University directly after Bitcoin It was the third American Higher Education Institution explaining the existence. The statement combined with the data showing that the capital shifted to Bitcoin at a time when the powerful rally of gold became the largest crypto, which was called “digital gold ında again.
Bitcoin is now in the university’s asset pool
The Donation Fund, which has exceeded $ 7 billion since the University of Brown, has been growing with a pool of existence that has been overcoming $ 7 billion since 1764. With the last addition, Bitcoin is now in this pool.
IBIT Fund, 607 thousand units in the last year BTC It reaches its level and has an asset value of over $ 58 billion. The relatively small, but symbolic investment of the university, also receives a share of this growing cake. Cambridge and Ivy League traditions, Brown’s name is read as a sister trust vote for the ‘strategic reserve’ discourses in the institutional world. Some market players already say that the university can direct the largest part of the donation assets to the crypto money market.
The reaction of the market to the move of the University of Brown
Concentration of corporate purchases Bitcoin priceSince the end of April, the fourth increase has contributed to its positive weekly closing. According to Glassnode data, long -term Bitcoin investors added 254 thousand more to their balance in the last three months and increased their total assets to 14.3 million BTC.
Analysts pointed out that $ 92,000 is critical for the new attack that will open the door of the 2025 bull cycle. A short -term sagging of the price below this level can lead to a jam in leveraged long positions. On the other hand, if the current acceleration is maintained, the possibility of a new record will be re -tested and a new record will be re -tested. The fact that the capital rotation has begun to shift to Bitcoin stands out as one of the main headings that support the rise scenario.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
