#Bitcoin dropped below $62,000 after Strategy announced that it had sold $216 million worth of $BTC over the past week. The decline was relatively small, but the news itself clearly had an impact on market sentiment.


Nothing fundamentally new happened, but of course, speculators in the market are using this as an opportunity to spread FUD.
The amounts are also relatively symbolic, considering that the company holds a total of 843,775 $BTC and sold only 3,588. Still, it creates a pretext for fear in the market over the possibility of larger sales.
The proceeds were used to fund stock dividends, something Saylor had already warned about last week.
BTC2.54%
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DuniaForexCrypto
· 3h ago
What surprised me?
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