The crypto treasury company's Bitcoin bet fell into the red at one point on Monday.
Bitcoin fell as low as about $74,500 early Monday, dipping below Strategy's average purchase price of $76,052 per token.
The recent selling pressure on bitcoin kept up over the weekend. The digital token recently traded below $77,000. As of 4 p.m. ET on Friday it had stood $83,817, according to Dow Jones Market Data.
As bitcoin remains in a downtrend, several technical and onchain levels stand out as critical areas of support.
Although they may now be driven by more than supply and demand alone, the prices of cryptocurrencies like Bitcoin are fundamentally based on scarcity. Bitcoin appears to have no national or ...
Strategy stock fell 7.7% in premarket trading after Bitcoin dropped below the company's $76,037 average purchase price during ...
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Is Bitcoin a Buy Right Now?
Bitcoin is the world's largest cryptocurrency by market cap.
BTC’s volume spiked by 40% to 60 billion, currently accounting for 4% of the token’s market cap. Meanwhile, top altcoins like ...
The Bitcoin price today is consolidating amid growing uncertainties. However, recent developments suggest that the market ...
MSTR stock today: Strategy's stock tumbled as Bitcoin dipped below the company's average purchase price of $76,052, sparking ...
The world's top cryptocurrency could finally warm up this year.
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