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Tag: BTC
Key highlights: Bitcoin slipped below $60,000 on June 26 as forced selling from futures liquidations accelerated the move. According to CoinGlass data, there were $253 million in long Bitcoin liquidations over 24 hours, with longs accounting for 92% of all BTC liquidations Leverage.Trading analyst Anton Palovaara said the sell-off was amplified by exchange risk engines […]
Key highlights: TD Cowen lowered its price target on Strategy (MSTR) from $400 to $260 The investment bank maintained its buy rating on the stock Analysts said the cut reflects a lower Bitcoin forecast rather than concerns about Strategy’s new capital framework Strategy (MSTR), the world’s largest corporate holder of Bitcoin, is facing a more […]