Cryptocurrency News & Market Updates

Strategy’s BTC Divestment Sparks Buying Not Exodus
Strategy’s BTC Divestment Sparks Buying Not Exodus

Bitcoin’s largest corporate treasury accumulator, Strategy, announced its first major bitcoin sale over the last week. However, the market has taken it well.

After reaching  a cycle low of $57,803 on 1 July, following a period of extended downtrend, BTC has started July positively, and in line with the views we expressed in Bitfinex Alpha, issue 212, published on 6 July: the market could see a potential recovery this month.

Jul 8, 20263 min read