Bitcoin’s $60K Threshold: MicroStrategy’s Strategic Shift Amidst Yen’s Historic Lows
Bitcoin (BTC) plunged over 1% on Tuesday, breaching the critical $60,000 mark and remaining firmly below its 200-week simple moving average. This downturn reflects broader turbulence in currency markets, primarily driven by the Japanese Yen’s dramatic depreciation against the U.S. dollar. Adding to the pressure on BTC, MicroStrategy, the world’s largest publicly listed holder of … Read more