MicroStrategy strikes again! The software giant purchased 5,262 bitcoins for about $561 million, at a price of about $106,662 per bitcoin, bringing its total bitcoin holdings to 444,262. However, this purchase was the smallest in recent times, sparking market speculation about its willingness to buy. 🤔
At the same time, analysts at QCP Capital pointed out that enthusiasm in the crypto market seems to have weakened as 2024 approaches. Spot Bitcoin ETFs have seen capital outflows for three consecutive days, and market sentiment is slightly depressed. 📉
Nevertheless, market volatility is the norm, and investors still need to remain calm and look at it rationally. 🔍