Bitcoin Steady, MicroStrategy Buys More, and Crypto Faces SEC Challenges 🏦
Bitcoin held steady at $97.5K despite a brief dip caused by Microsoft’s rejection of a BTC treasury proposal, citing volatility concerns. Meanwhile, #MicroStrategy continued its aggressive accumulation with a $2.1 billion BTC purchase, signaling confidence in its $42 billion strategy.
On the #regulatory front, the crypto industry is ramping up opposition against SEC Commissioner Caroline Crenshaw, seen as anti-crypto, ahead of a pivotal Senate committee vote. These developments underscore the evolving dynamics in the digital asset space, with significant implications for its future trajectory.
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