Metaplanet reaches a record of 620 bitcoins while XRP leads the market decline. The purchase did little to improve sentiment towards bitcoin, which recorded its first seven-day loss since early November.
What to know: XRP fell 3% in the last 24 hours, leading the declines among major tokens while Bitcoin (BTC) began the holiday week in the red. Metaplanet, listed in Tokyo, purchased a record 619.70 BTC in a move that increased its BTC holdings by 54%. Market observers are cautious during the holiday period, with a short-term bearish bias.
XRP fell 3% in the last 24 hours, leading the losses among major tokens while Bitcoin (BTC) began the holiday week in the red and Japanese Bitcoin accumulator Metaplanet (3350) announced its largest purchase.