Strategy Acquires 6,556 Bitcoin for $555.8 Million: Details
Strategy's latest purchase of 6,556 Bitcoin for $555.8 million has strengthened its position as a major corporate holder of the largest cryptocurrency.
Keep up with what's happening in the crypto world in real-time.
Strategy's latest purchase of 6,556 Bitcoin for $555.8 million has strengthened its position as a major corporate holder of the largest cryptocurrency.
Bitcoin has climbed to its highest in almost a month, as the cryptocurrency benefited from investors selling stocks and bonds. The cryptocurrency hit $88,516.25 on Tuesday morning, up from around $87K a day earlier.
Public companies now collectively hold nearly 700,000 BTC, according to data compiled by Bitcoin Treasuries. At today's prices, that's over $45 billion worth of digital gold.
Bitcoin outpaced gold over the past 36 hours, reaching $88,500 and climbing 4.4%, compared to gold's 3.5% ascent to $3,445 per ounce. The move comes as the US imposed duties as high as 3,521% on Southeast Asian solar panels, reigniting fears of renewed trade friction with China and rattling cross-asset sentiment.
U.S. spot Bitcoin exchange-traded funds (ETFs) recorded significant net inflows of $381.4 million on Monday, the largest daily inflow since Jan. 30.
As economic uncertainty grips the globe with the US Dollar's stability under scrutiny, traders are flocking to alternative options of investment, including Bitcoin and Gold. With the US Dollar facing potential turmoil, a question arises- which asset will emerge as the new standard for financial security?
This week it seems that things have changed a bit for Bitcoin, with the price returning above 88,000 USD. The point is that a difficult phase related to the crisi delle borse USA seems to have ended, and perhaps a new one related to the indebolimento del dollaro might have begun.
April 22, 2025 10:11:51 UTC Crypto Prices Today: FARTCOIN Surges, FIL Tanks Crypto prices today show mixed signals. The global market cap stands at $2.77 trillion, up 0.58%, while 24-hour trading volume surged 32.01% to $89.4 billion. While Bitcoin climbed 1.25% to $88,537.91, Ethereum and XRP slipped.
Under fire, U.S. Defense Secretary Pete Hegseth has seen his Bitcoin (BTC) investment plunge by over 15% since taking on his government role.
Bitcoin ETFs based in the United States have recorded their largest daily inflows since January, as the crypto market regains its strength after a tough period.
Donald Trump's trade war affected all financial markets, and the impact is also visible on the MicroStrategy (MSTR) stock price. The American development company has gone all in on buying BTC, as its founder, Michael Saylor, calls it the most useful asset.
Here's why analysts believe more investors might stick with BTC rather than altcoins.
The popular meme coin is the top performer once again.
At one point on Monday the S&P 500 was down more than 3%. On the other hand, Bitcoin (BTC) climbed, finishing the day up 2.7%.
Bitcoin bouncing from the 50-day moving average and a push past late March resistance levels has definitely reawakened bullish sentiment. With BTC now holding around $88,450 and edging closer to reclaiming its 200-day moving average, the market's looking at $95,000 as the next stop.
Bitcoin is climbing again to $89,000 and now it's eyeing a key resistance level of $90,000 to break. Perhaps, popular crypto analyst Michael van de Poppe, Bitcoin might take a small dip to $76,604 before going higher. He also believes that a deal between the U.S. and China could help push the price up again.
According to TradingView data, the ETH/BTC exchange rate recently dropped to 0.01791, marking its lowest level since 2020.
Gold blasted past $3,500 a troy ounce for the first time ever on Tuesday after Trump escalated his feud with Federal Reserve chair Jay Powell.
Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin's growing role as a safe-haven asset against global economic disruption.Bitcoin's (BTC) price is showcasing its growing maturity as a global asset, becoming “less Nasdaq — more gold” over the past two weeks, according to Alex Svanevik, co-founder and CEO of the Nansen crypto intelligence platform. Bitcoin staged a 12% recovery in the two weeks leading up to April 22, despite ongoing tariff escalation between the world's largest trading nations.
The “Buy Bitcoin” sign, immortalized by Christian Langalis during a live Congressional hearing nearly eight years ago, is back in the spotlight as the top cryptocurrency confronts bearish pressures due to macroeconomic uncertainties. What happened: Langalis, a then 22-year-old Cato Institute intern, impulsively drew the placard and held it up behind then-Federal Reserve Chair Janet Yellen during her testimony.
Tokyo-listed Metaplanet has purchased an additional 330 BTC worth $28.2 million, lifting its total holdings to over $423 million and positioning it as Asia's largest corporate Bitcoin holder.
Bitcoin climbs to $88.5K as Strategy and Metaplanet buy over $580M in BTC. Fed pressure, weak dollar, and institutional demand fuel bullish momentum. The post Bitcoin Price Breaks $88K—$580M in Buys from Strategy, Metaplanet appeared first on Cryptonews.
The persistent increase in Bitcoin Dominance (BTC.D) has fueled speculation about the potential for an altcoin season. While some analysts anticipate a correction in BTC.D that could open the door for altcoins to gain traction, a market expert has raised caution.
Bitcoin (BTC) is on the cusp of breaking out relative to the Nasdaq 100 Composite, with the current BTC/Nasdaq ratio sitting at 4.96. This means it now takes nearly five Nasdaq units to match the value of one bitcoin.