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MicroStrategy\'s BTC Purchase Could Not Change the Bearish Market Mood, Stressing the Stern Test This Week

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2024-06-24 16:43:59426browse

The US BTC-spot ETF market reflected the mood, with weekly total net outflows of $544.1 million for the week ending June 21.

MicroStrategy's BTC Purchase Could Not Change the Bearish Market Mood, Stressing the Stern Test This Week

MicroStrategy (NASDAQ:MSTR) announced on Sunday that it had acquired 11,931 BTC on June 20. The purchase is significant considering the outflow trend in US BTC-spot ETFs.

The BTC purchase for approximately $786 million appears to have offset the total outflows from US BTC-spot ETFs for the week. The outflows were driven by a lack of enthusiasm for BTC, which fell for the sixth time in seven sessions on Sunday.

The BTC price decline of almost 7% in June also contributed to the outflows. Notably, MicroStrategy announcements of BTC acquisitions have historically garnered a positive market response.

However, this time, the news had little impact on the بازار criptográfico, highlighting the bearish sentiment.

ᴊupiter Pro Tips来週は、米国の経済指標が注目され、投資家たちは9月の連邦準備制度による利下げ期待と、米国のBTCスポットETFに対する需要に影響を与える可能性があります。

また、投資家たちは米国のイーサスポットETFの立ち上がりに期待を寄せており、米国のBTCスポットETF市場にも競争が訪れる可能性があります。

先週、米国のイーサスポットETF発行者たちはS-1修正を提出しており、米国のイーサスポットETF市場がまもなく立ち上がるという期待が高まっています。

News source:https://www.kdj.com/cryptocurrencies-news/articles/microstrategy-btc-purchase-change-bearish-market-mood-stressing-stern-test-week.html

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