sentimentfeed Thanks to #Microstrategy's latest purchase of 3,000 more Bitcoin

27.02.2024
27.02.2024

hanks to #Microstrategy's latest purchase of 3,000 more Bitcoins, the market value of the largest cryptocurrency asset today jumped to $54.9K, its highest since December 3, 2021. Notably, this came on a day when the #SP500 index was down -0.5%, indicating that cryptocurrencies may be losing some of their exposure to equity markets.

Historically, minimal correlation between #cryptocurrency and #stock markets has resulted in the largest #bullruns for $BTC and #altcoins.

▪️#BTC – $53 418  +3.9%.

▪️🔼 - #FLR , #MNT , #THETA , #GALA

▪️🔽 - #AR , #WLD , #HTX , #PLS

▪️BTC #dominance - 52.63%.

▪️ #Altseason index 67

▪️Greed of #investors 77

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