MSTR, BMNR, COIN, CRCL Stock Extend Rally After Bitcoin Blasts Past $71K, Triggering $3B Liquidation Wave
Ethereum, XRP and Solana outperformed Bitcoin, with Ethereum rising nearly 20% in the last 24 hours.
Stocktwits
BMNR, CRCL, MSTR Stocks Lead Slide In Crypto Equities Amid Bitcoin’s Tumble To $63K
The overall cryptocurrency market fell 2.5% to around $2.45 trillion, wiping out more than $530 million in long bets.
Stocktwits
MSTR Builds a Dollar Reserve: Will This Reduce Financial Risk?
Strategy's $3.225 billion reserve may ease near-term payment pressure, but heavy debt, preferred stock and Bitcoin exposure keep financial risk elevated.
Zacks
Bitcoin Is The Hardest Hurdle Rate To Beat, Says Strive CEO Matt Cole, And ‘Cash Is Almost Irresponsible’
Strive CEO said he would continue buying Bitcoin even at $1 million and blamed delays to a US Strategic Bitcoin Reserve on lawmakers conflating Bitcoin.
Stocktwits
Why Bitcoin Is Falling Today: BTC Selloff Tracks Tech Correction, Analysts Call It A Credit Unwind
Despite the decline, funding rates remained largely neutral, and dip-buying by corporate Bitcoin holders continued near key support levels.