Why Is Bitcoin And Ethereum Prices Down Today? BlackRock Deposits Spark Worry

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NewsBTC • December 18, 2025 at 16:00 • Analysis
The Bitcoin and Ethereum prices are down today as the crypto market remains in a phase of extreme fear. This latest crash came amid BlackRock’s move, which sparked fear of a sell-off from the world’s largest asset manager.  The Bitcoin and Ethereum prices are down today following BlackRock’s transfer of 2,257 BTC and 74,973 ETH to Coinbase, indicating plans to offload these coins. Notably, the BTC and ETH ETFs recorded outflows on December 16, likely why the asset manager moved these coins to redeem shares for its IBIT and ETHA ETFs, which were sold that day.  Bitcoin and Ethereum Prices Decline Amid BlackRock’s Transfer These Bitcoin and Ethereum ETFs have continued to record mixed flows, which have partly contributed to declines in BTC and ETH prices. Notably, the ...

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