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YouTubeBloomberg Television
Bitcoin’s Break With Tech Widens as Strategy’s Sale Feeds Rout
Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares. Jim Ferraioli, Director of Digital Currencies Research and Strategy at Charles Schwab, discusses Bitcoin's latest moves ...
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NEW: Blockstream CEO Adam Back told Bloomberg that Strategy's BTC sell proved that Bitcoin is liquid and there is no need to keep large cash reserves anymore 🤯"It shows the market how to value Bitcoin" 🚀
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