$BTC in the last 24 hours - Liquidation for the Entire Crypto Market?
📌 After falling below $62,500, it is now trading at $64,800, with a dominance of 55.32%. The price has changed by +0.72% and trading volume has increased by +24%. More than 100,000 traders with ~$280M have been liquidated.
📌 #BitcoinETFs! (2:00 UTC): +$50.4M
📌 MicroStrategy reported a loss in Q2, with a large portion of this loss due to the decline in the value of the Bitcoin they hold. However, the year-to-date profit on Bitcoin is 12.2%. Additionally, MicroStrategy plans to raise $2B to buy more Bitcoin.
📌 Block, the payment company led by Jack Dorsey (Former CEO of Twitter): #Bitcoin revenue for the company exceeded $2.61 billion, marking a 9% growth year-over-year.
➡️ There is a negative correlation (down-down) between stocks and crypto. Take a look at $COIN (from Coinbase) and $MSTR (from MicroStrategy).
👀 The Chamber of Digital Commerce has directly sent a letter to U.S. Senators, urging them to support Senator Lummis' BITCOIN Act of 2024, outlining the plan for the U.S. to custody and acquire more Bitcoin.
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About on-chain analysis of #Bitcoin, there are some Whales 🐳 who have accumulated $BTC in the past July. Do you want iCrypto to provide an update for you? 😊😊
