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via CoinDesk · By CoinDesk Staff
Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense
BTC
BTC/USDT
$63,324.00
+0.82%
$63,324.00
+0.82%
(24s)24h Volume
$10,495,224,171.55
24h H/L
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
Long/Short
61.6%
Long: 61.6%Short: 38.4%
Funding Rate
+0.0039%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:35 AM UTC)
1 min read
1092 views
0 commentsArca is blaming Strategy's sale of 32 BTC for last week's BTC crash, not AI capital rotation, as Strategy's Saylor claimed.
While bitcoin BTC$63,449.79-holder listed firm Strategy's chairman Michael Saylor blamed the AI boom for last week's bitcoin selloff, crypto investment firm Arca is pointing the finger squarely at Saylor himself.
"The selling pressure last week was clearly due to the…
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