Strategy: Buys 1587 BTC as DEX Volumes Drop 40%
Strategy acquires 1587 BTC at $63024 while Bitmine adds 76881 ETH; 9 firms purchase 531 BTC total amid 40% DEX spot volume decline.
SourceAnalysis
Strategy purchased 1587 BTC for $100M at $63024 last week while Bitmine added 76881 ETH worth $135.62M, even as DEX spot volume fell 40% and perp volume dropped 33% week-over-week.
Nine companies accumulated 531 BTC totaling $36.37M during the same period, with total stablecoin market cap contracting $979M.
Price action on the 4h chart shows BTC trading at $66895.53 and testing upper Bollinger resistance at $66540.93 while RSI(14) sits at 72.62 in overbought territory; with the 50-EMA support anchored at $64277.21 and MACD confirming a bullish golden cross, a healthy retracement toward that EMA level appears probable before continuation.
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