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[Test 2] Strategy Expands Bitcoin Holdings With Latest Multi-Million Dollar Purchase

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Bitcoin

notched a strong rebound after slipping to as low as $102,000 early in the U.S. session, following its record weekly close at $106,600 overnight. The largest cryptocurrency by market cap climbed back to $105,000 in afternoon trading, up 0.4% over 24 hours. Ether (ETH) rose 1.2%, reclaiming the $2,500 level.

DeFi lending platform Aave

outperformed most large-cap altcoins, while the majority of the broad-market CoinDesk 20 Index members still remained in the red despite advancing from their daily lows. Solana , Avalanche and Polkadot were down 2%-3%.

The bounce extended to U.S. stocks, too, with the S&P 500 and Nasdaq erasing their morning decline.

Nota: Las opiniones expresadas en esta columna son las del autor y no necesariamente reflejan las de CoinDesk, Inc. o sus propietarios y afiliados.

Katelyn Perna

Katelyn Perna is the Crypto Chief Information Security Officer at Robinhood.

Katelyn Perna