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via BeInCrypto · By BeInCrypto Editorial

Crypto Volume Skyrockets After MicroStrategy’s Bitcoin Sale: What Are Traders Buying and Selling?

BTC

BTC/USDT

$64,260.00

-0.07%

$64,260.00

-0.07%

(24s)

24h Volume

$11,624,049,920.08

24h H/L

$64,823.52 / $63,270.00

Change: $1,553.52 (2.46%)

Long/Short

62.9%

Long: 62.9%Short: 37.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,090.01

▲ 1.23%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,410.35

Resistance 1$64,734.27

Price$64,090.01

Support 1$63,302.94

Support 2$61,825.10

Support 3$59,130.91

Pivot (PP):$64,075.18

Trend:Downtrend

RSI (14):41.2

BeInCrypto Editorial

(02:53 PM UTC)

1 min read

Reviewed byEmily Watson

1340 views

0 comments

Crypto trading volume spiked on June 1 after Strategy, formerly MicroStrategy, confirmed its first Bitcoin (BTC) sale in years, and the flows reveal a market splitting hard between risk-off dumping and a few selective bids.

In a June 1 Form 8-K, Strategy disclosed that it sold 32 BTC for roughly $2.5 million in late May, a tiny trade in dollar terms but a symbolic break from its long-held…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

BeInCrypto Editorial · BeInCrypto

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