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MicroStrategy resumes Bitcoin buying
Bitcoin Briefly Slides Below $90K, MicroStrategy Buys More
Key Takeaways Bitcoin briefly dropped below $90,000 early Monday, for the first time since November after a wild week of trading.Concerns around the Federal Reserve pulling back on rate cuts due to recent economic data may have made bitcoin investors nervous.
MicroStrategy resumes bitcoin buying, but prices keep falling
Shares of MicroStrategy Inc. slumped again on Monday, after the software company and cryptocurrency play disclosed that it resumed bitcoin purchases at prices well above current levels. The company continued to lean on shareholders to fund the purchases,
Michael Saylor’s MicroStrategy buys another 2,530 Bitcoin worth $243 million
MicroStrategy, the business intelligence firm known for its aggressive Bitcoin acquisition strategy, has added another 2,530 BTC to its reserves. According to an 8-K filing with the Securities and Exchange Commission on Monday,
Cantor boosts MicroStrategy's price target as bitcoin drives treasury profits
The price of bitcoin (BTC-USD) may be slumping on Monday, but Wall Street firm Cantor sees plenty of room for MicroStrategy's (NASDAQ:MSTR) stock to run higher as the business software company continues to stash more bitcoin on its balance sheet.
Bitcoin, Federal Reserve
Bitcoin hits two-month low amid Fed rate cut concerns
On Monday, the price of bitcoin slid below $90,000, representing the lowest level in two months for the world’s top cryptocurrency. The drop was driven by concerns that the Federal Reserve might delay interest rate cuts and broader macroeconomic factors like persistent inflation and fears of stagflation.
Bitcoin Dips Below $90,000 as Fed Rate Cut Doubts Grow
The price of Bitcoin fell to a two-month low Monday, as markets adjusted to the prospect of tighter monetary policy from the Federal Reserve.
Bitcoin price dip to $92.5K caused by Fed interest rate concerns: Analyst
Bitcoin has given up all of its January gains as worries over inflation and Fed monetary policy push traders to cut risk.
4h
on MSN
Bitcoin’s ‘Trump Bump’ fading amid upbeat economic data
Trump made good on that pledge last month, selecting Paul Atkins to head up the U.S. Securities and Exchange Commission.
7h
Bitcoin Price Today: Why Has the Cryptocurrency Fallen? What We Know So Far
The fall comes after the cryptocurrency experienced a meteoric rise, fueled in part by the reelection of Donald Trump.
7h
The System Is Rigged. Bitcoin Is How You Get Out
For years, the Federal Government’s "system" in Washington, D.C. has siphoned wealth from the American economy. With bitcoin, ...
3h
Bitcoin correction worsens as crypto prepares for a pivotal moment in monetary policy
Price drops reflect anxieties over fewer rate cuts, unsettling traders across cryptocurrency and broader finance.
CoinDesk
13h
Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report
Risk assets trade weak as investment banks pare back Fed rate cuts in the wake of Friday's hotter-than-expected U.S. jobs ...
9h
Cryptos Surrender Recent Gains, DOJ Cleared For $6.5 Billion Bitcoin Sale
The Department of Justice (DOJ) has received court approval to liquidate its largest-ever cryptocurrency seizure—69,370 ...
ReadWrite
7h
Sudden Bitcoin price fall sparks fears of further plunge
Bitcoin's (BTC) price suddenly fell down under $90,000 amid fears that the Federal Reserve may not cut interest as ...
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