MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

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Source: Coindesk.com

The S&P 500 and Nasdaq tumbled over 1% and closed the day near their lows, possibly pushing down crypto prices, which shed much of their earlier gains. Over $215 million in leveraged crypto positions were liquidated during the day, hitting longs and shorts equally. MicroStrategy (MSTR) surged 5.5%, its possible overvaluation to bitcoin rising even

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The post "MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average" appeared first here Coindesk.com.

Source: Coindesk.com

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