The most panicked moment for Bitcoin is already behind us.
The storage sector has pulled back for two days, and funds have flowed from semiconductors into other sectors—an extremely healthy rotation. Especially yesterday’s sharp drop in Hynix also released a lot of risk. Right now, the frenzy chasing rallies has cooled off, and instead it gives the crypto market some breathing room.
MicroStrategy’s off-exchange OTC added $1.5 billion in funds. That means this year’s debt payments and STRC dividend distributions should be fine as well.
The storage sector has pulled back for two days, and funds have flowed from semiconductors into other sectors—an extremely healthy rotation. Especially yesterday’s sharp drop in Hynix also released a lot of risk. Right now, the frenzy chasing rallies has cooled off, and instead it gives the crypto market some breathing room.
MicroStrategy’s off-exchange OTC added $1.5 billion in funds. That means this year’s debt payments and STRC dividend distributions should be fine as well.