By Jordan Lyanchev The old saying – sell in May and go away – proved to be right once again for the cryptocurrency markets. It was just six weeks ago when bitcoin had evidently reclaimed the $80,000 level and even surged to a multi-month peak at almost $83,000. The sentiment was gradually improving and there […]
Tag: STRC
By Jordan Lyanchev Bitcoin can’t catch a break these days as the rejection from $67,200 at the beginning of the previous week continues to haunt it and push it south. In alignment with Strategy’s stock price, the primary cryptocurrency has plummeted below the crucial support at $60,000. Source: TradingView It was just over a week […]
Key highlights: CryptoQuant says Michael Saylor’s firm should stop its BTC purchases for now. The firm highlighted that Strategy’s annual dividend obligations have increased greatly. This comes as STRC crashed to $82. Strategy and its STRC preferred stock are still trading underwater as CryptoQuant tells Michael Saylor’s firm that it may need to slow down […]