Bitcoin seems to stabilize
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The bitcoin holdings of Michael Saylor’s Strategy were briefly underwater in a sign of the unwinding in cryptocurrency value this year.
Overview Bitcoin Price Today is near $78,769, showing strong volatility and market fear.Global economic pressures and liquidations are keeping Bitcoin weak in t
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Is Bitcoin ready to test $80K again? Traders are watching liquidation signals, US economic data
Analysts warned that a data-heavy macro calendar, weak risk appetite, and lingering technical pressures continue to raise volatility risks for crypto markets.
Strategy stock fell 7.7% in premarket trading after Bitcoin dropped below the company's $76,037 average purchase price during weekend sell-off.
Bitcoin has dropped by 13% in the last 30 days and the charts are screaming caution. Where does BTC go from here?
Despite a seemingly low debt/equity ratio (0.14), Strategy faces a headwind in a scenario where the Bitcoin's price continues to fall. Strategy's valuation remains stretched, with the stock trading at 81.84x sales and forward EV/EBITDA of 1778, underscoring overvaluation concerns.
The bitcoin price has plummeted under the closely-watched $80,000 per bitcoin level, sparking fears that a full-blown bitcoin and crypto crash could be looming.
U.S. spot Bitcoin exchange-traded funds experienced a significant turnaround in investor flows on February 2, as almost $562 million in net daily flows were attracted after weeks of steep net outflows,
Strategy acquires 855 BTC at nearly $88K each, totaling 713,502 BTC after raising $106 million through common stock sale.