Speculative token selling accelerated as heavy volume formed near resistance before a sustained pullback.
BONK drops 6.2% as elevated volume marks shift at key technical levels
Speculative token selling accelerated as heavy volume formed near resistance before a sustained pullback.
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Strategy’s valuation cycle top came as BlackRock’s IBIT options launched, underscoring the interplay between equity-driven and ETF-based bitcoin exposure.
PLUS: U.S. lawmakers introduce crypto market structure bill.
Benchmark's Mark Palmer initiated coverage on the firm's roughed-up shares with a buy rating and $3 price target.
The STRF sale is scheduled to close later on Tuesday, with Strategy raising approximately $711 million in net proceeds.