Bitcoin (BTC) $85,634.35 -0.37%
Ethereum (ETH) $2,728.02 -0.46%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 117.12585 -0.18%
Chainlink (LINK) $12.76 -1.52%
Cardano (ADA) $0.25 1.94%
Litecoin (LTC) $62.45 3.40%
Dash (DASH) $62.69 5.35%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.517596 8.11%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 -1.66%

Cryptocurrencies: 30093

Markets: 114531

Market Cap: $2,916,856,240,006

24h Vol: $112,110,842,911

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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