Bitcoin climbs
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Michael Saylor’s company now holds about $54 billion of the original cryptocurrency.
Bitcoin (CRYPTO: BTC) hit $75,000 on March 17, which is its highest level since the Iran war started three weeks earlier. By Saturday March 22 it dropped below $68,000 after Trump threatened to obliterate Iran’s power plants.
Bitcoin and other cryptocurrencies declined anew as the US, Israel and Iran traded fresh threats and attacks.
Bitcoin bulls are feeling it right now. But the price chart is quietly drawing the same pattern it drew before two major crashes in a row.
Kendrick believes that further downside could be in store for Bitcoin investors in the near term. One of Kendrick's core observations about Bitcoin is that he sees volatility around the cryptocurrency as similar to growth stocks on the Nasdaq.
Bitcoin fell below $69,000 after rising tensions between the United States, Israel, and Iran rattled global markets. The cryptocurrency slid to about $68,150 on
Bitcoin tops $71,000 after Trump pauses Iran strikes, easing fears. Short positions worth $270 million liquidated amid market relief. BTC eyes $75,000, but downside risks remain amid Iran tensions. Bitcoin jumped sharply past $71,
“This is a major milestone toward passing the Clarity Act,” Patrick Witt, the executive director of the president’s council of advisors for digital assets, posted to X alongside a Politico report that said the White House and Senators have reached a deal to advance the crypto market structure bill.
Strategy's Michael Saylor said STRC could be interesting for “a whole class of people.” The preferred share is showing up on peers’ balance sheets.
Led by Executive Chairman Michael Saylor, Strategy acquired 1,031 bitcoin, bringing holdings to 762,099 coins.
Wall Street backs Bitcoin miner pivot into AI and data centers.