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Saylor hints next Bitcoin buy as investor sues over Strategy’s Q1 loss
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Ethereum whale stacks $39M despite ETH falling harder than Bitcoin
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#ScalpingStrategy #USNationalDebt #MarketPullback #CryptoStocks $BTC $ETH Bitcoin price risks sub-$100K dive after Trump confirms Iran strikes BTC price declines accelerate as the US hits Iran's nuclear facilities, but traders are hopeful that Bitcoin may even gain from geopolitical uncertainty. Key points: Bitcoin sees a snap reaction to news of direct US involvement in the Israel-Iran conflict, dipping below $102,000. Traders note that war-based headlines have acted as a BTC price springboard in the past. Price analysis suggests that a local bottom may coincide with order book liquidity at around $97,000. Bitcoin BTC $102,611 risked new month-to-date lows into the June 22 weekly close as geopolitical threats soured crypto sentiment. Bitcoin can still gain from war headlines — Traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling under $102,000 as US President Donald Trump confirmed strikes on nuclear facilities in Iran. Iran, Trump said during a televised address uploaded to Truth Social, “must now make peace” or face additional strikes. Ahead of what promised to be a volatile open to the Wall Street trading week, Bitcoin traders began considering potential BTC price bottom levels. “A dump towards $93K-$94K before bottom formation and reversal,” popular trader Cas Abbe suggested, adding that the low $90,000 zone only had a “20%-25% chance” of being reached. Abbe and others referenced events in April, when BTC/USD suffered following the announcement of reciprocal US trade tariffs before beginning a sustained rebound to new all-time highs. In 2022, $BTC pumped +42% in 35 days after the Ukraine war began. That was deep in a bear market,” fellow trader Merlijn continued with another historical geopolitical comparison. “Now it’s 2025. War fears rise again. But Bitcoin’s above $100K. And we’re still in a bull market. What happens if history repeats with more fuel?” $97,000 BTC price support in play With hours until the weekly close, however, BTC price strength still
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#USNationalDebt #MarketPullback #CryptoStocks btcTexas governor signs bill adding Bitcoin to official reserves Texas becomes the first US state to commit public funds to a standalone Bitcoin reserve, aiming to treat BTC as a long-term strategic asset. Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state’s long-term financial assets. The newly established reserve operates independently of Texas’ general treasury system and aims to strengthen the state’s financial resilience while serving as a potential hedge against inflation, according to the bill text. Furthermore, only assets with a market capitalization exceeding $500 billion are eligible for inclusion, a threshold currently met only by Bitcoin BTC $102,475 . The fund will be administered by the Texas Comptroller of Public Accounts and guided by an advisory committee of three crypto investment professionals. Texas Bitcoin reserve can receive airdrops and donations In addition to direct purchases, the reserve may grow through forks, airdrops, investment gains, or even public crypto donations. A public report detailing the fund’s holdings and performance will be issued every two years. SB21 follows Abbott’s signing of House Bill 4488, which protects the reserve from being absorbed into the state’s general revenue fund, effectively insulating it from shifting budget priorities. Texas becomes the third US state to approve a Bitcoin reserve law, joining Arizona and New Hampshire. Unlike those states, however, Texas is the first to commit public funds and establish a separate structure for Bitcoin holdings. Public companies lead in Bitcoin adoption A rising number of publicly traded firms are adopting Bitcoin as a treasury asset, following an approach taken by Michael Saylor’s Strategy. On Friday, Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, secured #USNationalDebt
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