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The Reason Bitcoin’s Price Plunged to $75K: BlackRock?
May 27, 2026
< 1 min read
by George Georgiev
for CryptoPotato
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Bitcoin’s price tumbled to nearly $75,000 earlier, marking a decline of about 2% for the day. The move was sudden, which raised more than a few eyebrows.
Analysts have started speculating about what caused the cascading red candles, and many are pointing to the involvement of BlackRock’s spot BTC ETF, IBIT.
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