Bitcoin and crypto market sentiment hit seven-month lows, with the BTC price still above $100,000, while gold and silver received a post-shutdown boost.
Bitcoin whales doubled down on their BTC purchases, but long-term holder selling and resistance above $106,000 have curtailed the recovery to $110,000.
The October market crash has pressured Corporate Bitcoin treasuries, as Bitcoin fell under the average acquisition cost basis of multiple treasury firms.
Since disclosing its initial $15 million investment in Grayscale’s Bitcoin Mini Trust ETF last year, Emory University has increased its holdings by 245%.
Taiwan is exploring the creation of a national Bitcoin Reserve comprising seized coins, much like the US Strategic Bitcoin Reserve established by President Trump...