BREAKING
258d 16h ago

Trump Media Launches $2.5 Billion Bitcoin Treasury Reserve Plan Amid Stock Market Gains

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On May 27, COINOTAG reported a positive trend in the U.S. stock market, with the **Dow Jones** climbing by **0.84%**, the **S&P 500** rising by **1.1%**, and the **Nasdaq** gaining **1.52%**. This upward momentum extended to cryptocurrency-related equities. Notably, the **Trump Media & Technology Group** saw a decrease of **5.2%** after announcing its ambitious **$2.5 billion Bitcoin treasury reserve plan**. This strategic move aims to integrate **Bitcoin (BTC)** into its asset reserves, enhancing financial stability and positioning the company for sustainable long-term value retention. In contrast, companies like **Coinbase (COIN)** experienced an uptick of **1.89%**, while **Tesla (TSLA)** rose by **3.99%**. Other notable performers included **MicroStrategy (MSTR)**, which increased by **2.1%**, and **MARA Holdings (MARA)**, up **3.8%**, reflecting growing investor interest in cryptocurrency assets amid market fluctuations.

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