Saylor shouted "It's a good time to add positions"! Bitcoin rebounded sharply after falling below 60,000. The market is closely watching the key documents of Strategy (MSTR.US)
With the signal of increasing positions released by Michael Saylor, executive chairman of Strategy Inc. (MSTR.US), the world's largest corporate Bitcoin holder, Bitcoin stabilized and rebounded in early trading in Asia on Monday, after the cryptocurrency once fell below the US$60,000 mark last Friday. Bitcoin once climbed 3.8% to nearly $64,200, and was trading at about $63,120 at press time. Ethereum, the second-largest cryptocurrency, rose more than 5% to trade at around $1,680. Bitcoin previously fell 7% to $59,101 during New York trading last Friday, falling below the $60,000 mark for the first time since Trump’s election in 2024. The cryptocurrency has lost about half its market value since hitting an all-time peak of more than $126,000 last October.
