Bitcoin is dragging to close out the month and the quarter, with the token down 2.9% to $58,494, according to data from LSEG. With Strategy expected to sell some of its massive bitcoin treasury, traders appear to be anticipating another slide in prices--although how much lower bitcoin can get is up for debate. Strategy holds 4% of all of the circulating bitcoin in the world, which is more than enough to move prices in any direction. Ethereum falls 3.8% to $1,554, XRP is down 3.3% to $1.03, and solana falls 4.2% to $72.12. (kirk.maltais@wsj.com)
Dow Jones Newswires
Bitcoin Sinks Under $59k in Last Day for Month and Quarter — Market Talk
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Bitcoin is dragging to close out the month and the quarter, with the token down 2.9% to $58,494, according to data from LSEG. With Strategy expected to sell some of its massive bitcoin treasury, traders appear to be anticipating another slide in prices--although how much lower bitcoin can get is up…