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MicroStrategy Receives Over $1.5B In Orders For $500M Notes To Fund Bitcoin Purchases

MicroStrategy is one of the loudest crypto advocates listed on Wall Street. Now, the Michael Saylor-led company is engaging in one of the first-ever corporate ....

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MicroStrategy (MSTR) - Bitcoin Struggling To Break Past $60,000 Again But Analyst Says Run Up To $75,000 Is In Sight


Bitcoin (BTC) may have seen the brakes hit on its upwards momentum as it struggles to cross again the psychological $60,000 mark, but continued upside may take it to $75,000 levels, according to one analyst. 
What Happened: The apex cryptocurrency traded 1.98% higher at $59,047.01 at press time on Tuesday. BTC has run up 102.57% since the year began. 
The gains in BTC have paled in comparison with
Ethereum (ETH), which has returned 186.72% in the same period.
ETH traded 4.28% higher at $2,135.69 at press time. The second-largest cryptocurrency by market capitalization has jumped 18.02% in a seven-day trailing period.
According to Edward Moya, a senior market analyst at foreign exchange broker Oanda, we are in a “wait-and-see mode” in what appears to be a period of healthy consolidation for BTC, CoinDesk reported. ....

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