Fold: Shares Jump 162% on $45M BTC Sale
Fold shares jump 162% after Bitcoin fintech sells $45M BTC to wipe out debt, with BTC at $62193.82 showing MACD golden cross.
SourceAnalysis
Fold shares jumped 162% after the Bitcoin fintech sold $45 million in BTC to clear all debt.
Bitcoin sits at $62193.82 inside its Bollinger Bands, testing upper resistance at $64228.76 while the neutral RSI at 47.56 and MACD golden cross at -471.97 offset the bearish EMA50 at $64089.99 and EMA200 at $71350.43, suggesting a brief consolidation before any continuation.
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