Browsing: BTC

Ripple (XRP) fell to $1.20 on Wednesday, underperforming a broadly weaker crypto market, driven primarily by a risk-off macro sell-off. The move aligns with Bitcoin’s 2.89% drop, indicating a beta-driven decline amid heightened geopolitical tensions and institutional ETF outflows.

Bitcoin (BTC) lost 3% in 24 hours to $71.4, underperforming a flat S&P 500 as Michael Saylor, Strategy Inc. chairman and co-founder, sold 32 Bitcoins for roughly $2.5 million between May 26 and May 31 to fund preferred stock dividend payments.