Why is Bitcoin Going Down?

BitcoincomNews

2024-11-26 00:21:52

WHY-4,9%

BTC0,17%

Bitcoin is currently testing levels below the crucial $95k mark and is down by more than four percent in the last 24 hours. This comes after a recent announcement from Michael Saylor revealing that MicroStrategy purchased another $5.4 billion worth of Bitcoin. This brings their total holdings to around 386,500 Bitcoins, valued at nearly $22 billion. While the market is optimistic about Bitcoin’s rise, certain rug-pull events are stopping the bullish momentum

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