BREAKING
255d 14h ago

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

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

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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