BlackRock’s Mitchnick says bitcoin’s risk-off narrative is ‘the one to bet on’ long term as rally consolidates near $80,000
Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.
James Hunt
Publisher The Block
Aug 27, 2026 at 12:00 PM UTC · 1 Min. Lesezeit
Entities
bitcoin, blackrock
Market Impact
BTC+2.30%$80,267
Last Updated
vor 7 Stunden
Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.
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Originally reported by The Block
NewsLayer coverage based on externally reported material.
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Market Context
Bitcoin
BTC
$80,250
+2.28% (24H)
Market Cap
$1.61T
24H Volume
$25.8B
24H High
$80,848
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