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via CoinDesk · By CoinDesk Staff

Trump Media moves another $205M in Bitcoin as losses on crypto bet swell to $455M

BTC

BTC/USDT

$62,613.99
-3.05%
24h Volume

$19,534,541,174.18

24h H/L

$64,730.15 / $61,938.00

Change: $2,792.15 (4.51%)

Long/Short
68.5%
Long: 68.5%Short: 31.4%
Funding Rate

+0.0013%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,519.99

-2.34%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$64,663.04
Resistance 1$62,910.49
Price$62,519.99
Support 1$61,834.89
Support 2$60,586.08
Support 3$59,157.10
Pivot (PP):$62,911.12
Trend:Downtrend
RSI (14):36.8
CS
CoinDesk Staff
(01:08 PM UTC)
1 min read
DK
Updated byDavid Kim
948 views
0 comments

DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.

(Anna Moneymaker/Getty Images)

What to know:

  • Trump Media & Technology Group transferred another 2,650 bitcoin, worth about $205 million, to Crypto.com, deepening scrutiny of its cryptocurrency strategy.
  • The company, which bought 11,542 bitcoin at…

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

CoinDesk Staff · CoinDesk

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