Strategy’s largest Bitcoin sale since dropping its hold-to-maturity policy coincides with BTC’s brief rally above $64,000.
Bitcoin surged to $64,400 before settling at $63,296, a 0.55% gain, despite Strategy offloading its largest BTC position since abandoning its never-sell stance. The move highlights shifting market dynamics amid institutional activity.
Ethereum rose 0.50% to $1,779, while the total crypto market cap held at $2.29 trillion. Bitcoin dominance stood at 55.4%, with the Fear & Greed Index at 27, signaling persistent caution among investors.
Altcoins saw mixed performance, with small-cap tokens like TaoLend and Vanar Chain posting gains of 92.5% and 53.1%, respectively. Separately, a fake HyperSwap airdrop drained $12,300 in 84 seconds, underscoring ongoing security risks.