Daily Crypto Roundup: Bitcoin Panic Selling Fades as Strategy Builds $3B Cash Reserve

Sign up to Kraken through our link and receive 20 XRP from us after completing the required steps.

Secure your crypto with Ledger.

Protect your online privacy with NordVPN.

Bitcoin has slipped back toward $62,000 as renewed tensions around the Strait of Hormuz hit global markets, but new data suggests the worst of the panic selling may finally be starting to fade.

In today’s Daily Crypto Roundup, we look at why Bitcoin is holding up better against geopolitical shocks, why spot selling pressure has collapsed compared with June, and whether returning Bitcoin ETF inflows could signal that exhausted sellers are finally running out of coins.

We also examine Strategy’s decision to pause its Bitcoin buying spree and build a massive $3 billion cash reserve, Robinhood Chain exploding with activity as memecoins take over, and Tom Lee’s Bitmine adding another 27,801 Ethereum as it moves closer to owning 5% of the entire ETH supply.

Is Bitcoin finally preparing for a recovery, or is another test of $60,000 coming first?

Not financial advice. Crypto assets are volatile and involve a risk of loss. Always do your own research.

Follow Crypto News Today for daily crypto news, market analysis and deep dives.

We will see you at the top.