It hasn’t been a particularly fun week in the cryptocurrency industry as the majority of the market is trading in the red. The losses are mostly tolerable, although some altcoins definitely feel the pressure. But let’s start with Bitcoin, as always.

The primary cryptocurrency saw a week full of volatility. During the weekend, it increased above $101,000 but as soon as the week started, things weren’t going as smoothly. On Monday, the price began to fall, and at one point, it even dipped toward $94,000.

You guessed it – at that point, half of the community was calling the bull market off. But the actual bulls had something else in mind, as the dip was bought up almost immediately within the next couple of days. The price shot up toward $103K yesterday but was unable to sustain itself there, and Bitcoin is currently battling for the coveted $100K level once again.

Elsewhere, if you thought that a week would go by without Michael Saylor not buying BTC, well, think again. MicroStrategy announced yet another massive purchase, this time worth around $2.1 billion. They bought 21,550 BTC at an average price of $98,782 and currently holds a whopping 423,650 BTC. That’s right, every time Bitcoin moves by a single dollar, the company makes or loses almost half a million bucks. Now, that’s wild.

BlackRock also chipped in on the party. Experts from the company said that allocating 2% of one’s multi-asset portfolio to Bitcoin is a “reasonable” margin. But why would you care? Well, these guys manage a lot of money. In fact, they manage the most money compared to other asset managers, and when they say something – people tend to listen. In this case, other institutional investors might consider Bitcoin after BlackRock is publicly endorsing it yet again.