Strategy actions sink at least four months before crypto correction

By Hannah Pérez

Strategy is not the only one affected; Other companies with cryptocurrency treasures also saw their actions collapse in Nasdaq while Bitcoin retreated more than 8% since its historical maximum last week.

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• Strategy actions closed at their lowest level since April in the middle of correction.
• Bitcoin fell below USD $ 114,000, a loss of more than 8% since its new maximum.
• Strategy is not the only one: companies with cryptocurrency treasures suffer in Nasdaq.

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The largest corporate head of Bitcoin of the world, Strategyhe saw his shares fall to a minimum of four months on Tuesday in the middle of a correction in the cryptocurrency market that pushed Bitcoin (BTC) towards USD $ 113,000.

The actions of Strategy (Mstr) lost 7.8% on Tuesday, closing at a price of USD $ 336, its lowest level since April 22according to data from Google Finance. This collapse occurs in the middle of a generalized correction in the cryptocurrency market, with Bitcoin (BTC) losing 8.5% from its historical maximum of more than USD $ 124,000 on August 14, to quote around USD $ 113,400 at the time of writing of this article, according to data from data from Coingcko.

The fall of Strategy It reflects a broader trend that affects companies with cryptocurrency treasures. Signatures like Sharplink Gaming (Sbet) and Bitmine (BMNR), focused on accumulating Ethereumregistered losses of between 8% and 9%, while the accumulators of Solarium, DEFI DEVELOPMENT (DFDV) and UPEXI (UPXI), suffered more pronounced falls of 13.7% and 9%, respectively.

Other companies in the sector, such as Galaxy (Glyy), Robinhood (Hood) and Coinbase (Coin), they also experienced significant decreases, with price setbacks in their shares of 10%, 6.5%and 5.8%, respectively. Between the miners of Bitcoin, Mara Holdings (Mara) fell almost 6%, while Bitdeer (BTDR), Iren (Iren) and Hut 8 (HUT) collapsed about 10%.

The appetite for the risk in the markets vanished this week, partly due to the expectation for the speech of the president of the Federal Reserve (Fed), Jerome Powell, scheduled for Friday in Jackson Hole, Wyoming. Investors are attentive to possible signals about monetary policy, especially after recent volatile movements in cryptocurrency prices.

Despite prices correction, some analysts point out that the crypto sector is showing signs of maturity. Data from Enfrux They indicate a growing institutional interest and a regulatory alignment that could strengthen the long -term industry, although Glassnode warns about a “Fragile position“In the market after the backward Bitcoin From its historical maximums.

Uncertainty in global markets, combined with the waiting of key economic indicators, keeps investors in a state of caution. Meanwhile, Strategy and other companies exposed to cryptocurrencies face a challenging environment, with the performance of their actions closely linked to the volatility of the digital asset market.

Strategy announced your last purchase of Bitcoin At the beginning of the week, for a value of USD $ 51 million, raising their total holdings of Bitcoin to 628,946 BTC, which was not enough to counteract the bearish pressure in its price.

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Article written with the help of AI, edited by Diariobitcoin

Image generated with AI, under free use license

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