Bitcoin climbed above $65,000 on Monday, gaining nearly 3% over the week, supported by strong US spot Bitcoin and Ether ETF inflows totaling around $1.1 billion—the strongest weekly haul since mid-April. A weak US jobs report eased fears of further Federal Reserve rate hikes, providing a risk-on backdrop ahead of the July CPI inflation data due Wednesday.
Despite Strategy (formerly MicroStrategy) disclosing the sale of 1,690 BTC for approximately $108.6 million at an average of $64,262 to fund preferred stock repurchases, and reducing hold…
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Strategy Sells 1,690 Bitcoin for $108.6 Million, Lifts USD Reserve to $4.65 Billion
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