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bitcoin surges to new high as microstrategy boosts holdings amid market optimism

Bitcoin surged to a new all-time high of $107,195 following MicroStrategy's $1.5 billion acquisition of 15,350 BTC. The crypto market capitalization reached $3.68 trillion, driven by expectations of a US Federal Reserve rate cut, with altcoins like Hyperliquid and Ondo Finance also experiencing significant gains. Meanwhile, Coinbase faces a $1 billion lawsuit over its delisting of Wrapped Bitcoin, accused of anti-competitive practices favoring its own token.
FXStreet
United States Dollar Coinbase Global, Inc. SoftBank Group Corp. Gediminas Butkus Brad Garlinghouse Masayoshi Son Paul Grewal Show more
Finance & Economy, Market Report
18:58 16.12.2024
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