Strategy's (MSTR) bitcoin purchase fails to stir BTC price: Crypto Markets Today
Summary
Bitcoin’s rebound stalled on Tuesday, with BTC trading near $62,600 after a brief Sunday jump above $64,000. The price barely moved despite Strategy buying 1,550 BTC for $101 million, lifting its total holdings to 845,256 coins and far exceeding the 32 BTC it sold in late May. The purchase did not spark broader momentum. Crypto market sentiment remained risk-averse, with the CoinDesk DeFi Select Index down 1.8% and the CoinDesk 80 Index down 1.3% over 24 hours. Investors appear willing to buy dips but are not showing strong conviction. Market attention is focused more on inflation data, interest-rate expectations, and next week’s FOMC meeting than on Strategy’s Bitcoin accumulation.
