BITCOIN DIPS, BUT BIG BUYERS KEEP STACKING

Bitcoin pulled back 3% from that $99K peak, and it's got some pressure from the U.S. Treasury market and options expiring soon.

Standard Chartered’s Kendrick says when Treasurys look less sketchy, Bitcoin’s hedge appeal drops for now.

But here's the kicker—ETFs and MicroStrategy are still stacking sats like crazy, with 77K $BTC since the election and MicroStrategy buying 134K more.

Looks like Bitcoin’s chilling around $85K–$88K before the next moon mission.

Source: TheBlock