Vanguard Invests $7.5 Million in Metaplanet as Bitcoin Faces Key Market Tests
Photo: The Coin Republic
Key Insights Vanguard reportedly bought $7.5 million worth of Metaplanet shares, offering indirect exposure to Bitcoin. CW flagged renewed red whale activity, with a $82,500 sell wall and buy walls at $79,000 and $78,000. Crypto Patel highlighted US midterm uncertainty, the Fed rate decision, GDP data and PCE inflation as key Bitcoin market factors. Vanguard reportedly bought $7.5 million worth of Metaplanet shares. This adds to market interest in Bitcoin-linked stocks as traders watch whale activity, key price levels and major US economic events ahead of the midterm elections.
Source: The Coin Republic
