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Bitcoin Steadies After $60,000 Breach as Saylor Hints at Buying
Bitcoin steadied in Monday trading after dropping below $60,000 late last week as Strategy Inc. Chairman Michael Saylor hinted at further purchases. The original cryptocurrency climbed as much as 3.8% to nearly $64,200 and was trading around $63,000 at 7 a.m. in London. Ether, the second-largest token, was 2% firmer at around $1,660. Bitcoin slumped as much as 7% to $59,101 on Friday in New York trading hours, falling below $60,000 for the first time since Donald Trump won reelection in 2024. Strategy’s disclosure of a small sale, its first since 2022, contributed to the token’s 18% decline last week as it ... (full story)