Investment bank Citi has begun coverage of Strategy (MSTR) with a Buy/High Risk rating and a $485 price target, positioning the stock as a highly leveraged play on the future price movements of Bitcoin (BTC).
Read MoreInvestment bank Citi has begun coverage of Strategy (MSTR) with a Buy/High Risk rating and a $485 price target, positioning the stock as a highly leveraged play on the future price movements of Bitcoin (BTC).
Read MoreCrypto markets have entered a sharp downturn, with Bitcoin (BTC), Ethereum (ETH), and XRP all experiencing significant drops. Bitcoin fell from nearly $120,000 to $113,411, a 5.6% decline from its recent high.
Read MoreOver the past few weeks, Ethereum (ETH) has shown a strong correlation with Bitcoin (BTC), with both major cryptocurrencies moving in tandem.
Read MoreOur strategy of overweighting Ethereum (ETH) and Solana (SOL) paid off early this week as altcoins led the market rally. However, as momentum began to slow, we defensively trimmed our exposure, rotating into Bitcoin (BTC) and increasing our cash position.
Read MoreThe cryptocurrency market is currently navigating a period of heightened volatility, with Bitcoin (BTC) dipping below the $118,000 USDT mark to trade at approximately $117,960.29.
Read MoreIn the ever-evolving world of cryptocurrencies, Cardano (ADA) has struggled to keep pace with Bitcoin (BTC) recently. Over the past week, ADA has managed a modest gain of just 0.4%, currently trading at $0.347.
Read More