#BTC Based on the results of the last 7 days, it is clear that most coins are in the red. In addition to the decline in the US rating, another reason for the market downturn can be noted — technical overselling.

Over the weekend, when American markets were closed, the price of Bitcoin (BTC) rose above $107,000 — the asset literally attempted to break its historical maximum.

Michael Saylor again bought Bitcoin over the weekend. He urges to buy Bitcoins since they are running out, and institutional investors are listening to him quite actively. They are trying to move out of dollar assets because the US dollar has declined against major currencies by more than 10% since the beginning of the year, and American government bonds are not in demand. Large investors are "shifting" to other assets, among which the most popular is perhaps gold, although it is also in correction. Currently, there is more skepticism in the market than thoughts about buying.