According to Crypto Rover, Brazil’s Itaú Bank has purchased $210 million worth of Bitcoin, marking a significant institutional entry into the cryptocurrency market. This sizable acquisition is expected to enhance market liquidity and could potentially drive positive price action as large-scale financial institutions increase their exposure to Bitcoin. For traders, Itaú’s move signals growing corporate adoption and may lead to increased volatility and trading volumes in the near term as the news circulates through global markets (source: Crypto Rover on Twitter, April 28, 2025).