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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 분 소요

BlackRock’s Mitchnick says bitcoin’s risk-off narrative is ‘the one to bet on’ long term as rally consolidates near $80,000
Image via The Block

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bitcoin, blackrock

Market Impact

BTC+3.21%$80,506

Last Updated

5시간 전

Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.

#bitcoin#blackrock#markets#crypto

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Originally reported by The Block

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Bitcoin

BTC

$80,500

+3.20% (24H)

$80,500$79,468$78,437
5 PM12 AM8 AM4 PM

Market Cap

$1.62T

24H Volume

$29.1B

24H High

$80,800

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bitcoinblackrock

Topics

marketscrypto

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