Bitcoin (BTC) $64,765.85 -1.72%
Ethereum (ETH) $1,872.72 -2.71%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 75.546199 -2.62%
Chainlink (LINK) $8.44 -2.31%
Cardano (ADA) $0.17 -2.98%
Litecoin (LTC) $46.86 -0.61%
Dash (DASH) $32.70 -2.54%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.19997 -0.69%
X-Cash (XCASH) 4.0E-6 -0.03%
Dogecoin (DOGE) $0.00 -0.79%

Cryptocurrencies: 29560

Markets: 110459

Market Cap: $2,206,288,367,088

24h Vol: $59,614,184,354

Coin-turk.com

2023-11-30 16:59:26

Unexpected Bitcoin Drop Despite Half Billion Purchase by MicroStrategy

Unexpected Bitcoin Drop Despite Half Billion Purchase by MicroStrategy

Despite a significant purchase of Bitcoin (BTC) by MicroStrategy, the price of Bitcoin fell to $37,500. This standard movement occurs even though it may seem absurd; the market tends to react with a drop when it becomes aware of the company’s purchase.The post Unexpected Bitcoin Drop Despite Half Billion Purchase by MicroStrategy appeared first on COINTURK NEWS.

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