MicroStrategy Transfers 4,922.7 Bitcoin to Three New Addresses

MicroStrategy Transfers 4,922.7 Bitcoin to Three New Addresses

Blockchain intelligence firm Arkham has reported that MicroStrategy has moved 4,922.697 BTC into three newly created, unmarked addresses. This significant transaction occurred both before and after the Federal Reserve’s announcement of a 50 basis point rate cut, which sparked a notable reaction in the cryptocurrency market. Following the Fed's decision, Bitcoin's price rose by 3%, with the broader cryptocurrency market capitalization increasi...

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