How Bitcoin Holdings Drove MicroStrategy's 380% Stock Surge

AMBCrypto16:00

Bitcoin has fallen for three consecutive days and lost the $60,000 mark due to the political turmoil in the USA and the Mt. Gox sell-off crisis.

According to the Wisdom Financial app, Bitcoin has fallen for the third consecutive trading day, approaching its level since February this year, due to reasons including political turmoil in the United States and creditors of bankrupt exchange Mt. Gox potentially selling its assets. On Thursday, the largest cryptocurrency Bitcoin fell 2.7%, followed by a narrowing of the decline to 1%, to $58,880. Smaller tokens such as Solana and Dogecoin have also fallen. Global investors are all paying attention to the potential risks of US President Joe Biden giving up his campaign. One possibility is that a stronger Democratic candidate will appear to compete with Republican Donald Trump.

Zhitong Finance14:45

Cryptos have suffered a major drop across the board, what happened? It may be related to Binance's actions.

Recently, virtual currencies, led by Bitcoin, have entered a relatively complex stage. Moments ago, virtual currencies fell across the board. The price of Bitcoin fell to around $60,000, while Ethereum struggled to rise and retreated to around $3,300.

Securities Times11:53

Major news from US politics! Biden to decide on August 4 whether or not to run. Standard Chartered Bank predicts a bull market for bitcoin if he drops out.

On August 4th, Biden will decide whether to run for president. Standard Chartered Bank stated that if he chooses to withdraw from the presidential race, it will push for a new round of bull market for Bitcoin.

FX16809:31

Rumors of Biden dropping out this weekend? The market is pricing in this possibility, with the return of "Trump trade".

The global market has begun to quickly adjust investment portfolios in preparation for the "Biden withdrawal" and the return of the "Trump trade", including a strong US dollar, steep US bond curve, as well as the rise of banks, medical and energy stocks.

wallstreetcn09:08

Why Software Stocks Have 'Legs,' Upside Potential: Strategist

Software stocks are gaining attention as investors identify potential market upside.

Yahoo Finance01:10