💸 #BTC $700,000,000 worth of crypto longs liquidated in the past 2 hours.
💸 Michael Saylor's strategy now has an $11.5 billion unrealized loss on its #BTC investment.
🤔 #ETH Bitmine plans to issue preferred shares with a 9.5% dividend and aims to raise $300 million.
🗣 President Trump says he is winning by "record numbers" when it comes to affordability.
📉 #BTC Bitcoin Drops Over 16% in a Month While S&P 500 Gains 5%
Charles Schwab’s Jim Ferraioli stated that Bitcoin’s recent underperformance is primarily due to BTC losing its momentum-trade appeal rather than Strategy’s small BTC sale. Over the past month, BTC has fallen more than 16%, while the S&P 500 has gained about 5%, as capital shifts towards AI, gold, commodities, hot IPOs, and other high-momentum assets.
Charles Schwab’s Jim Ferraioli stated that Bitcoin’s recent underperformance is primarily due to BTC losing its momentum-trade appeal rather than Strategy’s small BTC sale. Over the past month, BTC has fallen more than 16%, while the S&P 500 has gained about 5%, as capital shifts towards AI, gold, commodities, hot IPOs, and other high-momentum assets.
Bitcoin: Bulls, Bears, and Pigs
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