{"id":84523,"date":"2026-04-22T12:31:31","date_gmt":"2026-04-22T12:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=84523"},"modified":"2026-04-22T12:31:31","modified_gmt":"2026-04-22T12:31:31","slug":"bitcoin-hits-78000-as-strategy-blackrock-morgan-stanley-continue-btc-accumulation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=84523","title":{"rendered":"Bitcoin Hits $78,000 As Strategy, BlackRock, Morgan Stanley Continue BTC Accumulation"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has rebounded to $78,000, supported by growing evidence of tightening supply as institutional accumulation accelerates.<\/p>\n<h2 class=\"wp-block-heading\"><strong>&#8220;Great Supply Drain&#8221;<\/strong><\/h2>\n<p>Data from analytics platform CryptoQuant <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/2046863749840044255?s=46\">indicates<\/a> that Bitcoin reserves on exchanges have been steadily declining since 2023\u20132024, reflecting a structural shift toward reduced available supply on trading platforms.<\/p>\n<p>The trend raises a central question in the market that who is absorbing the available Bitcoin supply?<\/p>\n<p>According to market data, large institutional players have become the dominant buyers. <\/p>\n<p>Asset managers such as <strong>BlackRock<\/strong> <a class=\"ticker-link\" data-ticker=\"BLK\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/BLK\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BLK\">BLK<\/a>), through its <strong>iShares Bitcoin Trust<\/strong> <a class=\"ticker-link\" data-ticker=\"IBIT\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\">IBIT<\/a>), alongside financial institutions including <strong>Morgan Stanley<\/strong> <a class=\"ticker-link\" data-ticker=\"MS\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/MS\" ...><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51965151\/bitcoin-hits-78000-as-strategy-blackrock-morgan-stanley-continue-btc-accumulation?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" hits as strategy blackrock morgan stanley continue btc accumulation>Full story available on Benzinga.com<\/a><\/p>\n<p><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) has rebounded to $78,000, supported by growing evidence of tightening supply as institutional accumulation accelerates. &#8220;Great Supply Drain&#8221; Data from analytics platform CryptoQuant indicates that Bitcoin reserves on exchanges have been steadily declining since 2023\u20132024, reflecting a structural shift toward reduced available supply on trading platforms. The trend raises a central question [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-84523","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/84523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84523"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/84523\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}