Crypto 350

06/22 16:34

Live markets: Bitcoin bounces to $65,000; Saylor's

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 Live markets: Bitcoin bounces to $65,000; Saylor's Strategy adds cash, coinsU.S. Dollar strength pressures bitcoin as yields rise and risk assets retreat The U.S. Dollar Index (DXY) climbed above 101 on Monday, pressuring risk assets across markets. The move higher in the dollar was accompanied by a 1.2% rise in the U.S. 10-year Treasury yield, pushing it back above 4.5%. Bitcoin briefly traded above $65,500 early in U.S. hours before retreating to around $64,700. Strategy (MSTR) fell more than 7% intraday, after reaching a session high of $120 before dropping to $111. Earlier, the company announced the purchase of an additional 520 BTC and increased its cash reserves by $300 million, bringing total U.S. dollar holdings to $1.4 billion. Gold fell over 1% below $4,200, Brent crude dropped 2.5% below $74 per barrel, while the Nasdaq 100 and S&P 500 both slipped modestly into negative territoryNasdaq quickly reverses to 1% loss as SpaceX tumbles another 10% Stocks started in strong fashion Monday, but things have quickly reversed a bit more than an hour into the session. The Nasdaq is now lower by more than 1%, led by a 5% decline in Google and 3.5% drops in Amazon and Broadcom. Not yet part of the index but nonetheless an influential name, SpaceX (SPCX) is down 10.4% to $165.78. Though still nicely higher than the $135 offering price, SPCX has now dropped about 27% from its record $225. Bitcoin has given up some early gains, though it remains higher for the day at $64,80

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