$BTC

Latest Events in the Bitcoin Market

📈 Market Dynamics and Technical Analysis

The price of BTC shows stability ahead of the decision by the U.S. Federal Reserve.

Key technical support and resistance levels remain relevant, indicating market participants' expectations regarding future macroeconomic signals.

🏦 Institutional Actions

Active Position Building: Strategy Company (formerly MicroStrategy) has acquired an additional 1,895 BTC for $180.3 million, increasing its total holdings to 555,450 BTC. This indicates sustained institutional interest in Bitcoin as a long-term asset.

Asset Sales: At the same time, Riot Platforms sold 475 BTC in April, receiving $44 million. This move indicates a shift in the company's previous approach to managing its cryptocurrency reserves.