Community Articles

via CoinDesk · By CoinDesk Staff

Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense

BTC

BTC/USDT

$79,630.90

-1.73%

$79,630.90

-1.73%

(24s)

24h Volume

$17,605,596,310.89

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

CoinDesk Staff

(05:35 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Arca 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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments