📉 Bearish
Crypto Volume Skyrockets After MicroStrategy’s Bitcoin Sale: What Are Traders Buying and Selling?
Summary
Crypto trading volume spiked on June 1 after Strategy, formerly MicroStrategy, confirmed its first Bitcoin (BTC) sale in years, and the flows reveal a market splitting hard between risk-off dumping and a few selective bids. In a June 1 Form 8-K, Strategy disclosed that it sold 32 BTC for roughly $2.5 million in late May, a The post Crypto Volume Skyrockets After MicroStrategy’s Bitcoin Sale: What Are Traders Buying and Selling? appeared first on BeInCrypto.
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