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[Test 2] Strategy Expands Bitcoin Holdings With Latest Multi-Million Dollar Purchase
Test dek
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.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
Katelyn Perna
Katelyn Perna is the Crypto Chief Information Security Officer at Robinhood.
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