On the 1st, Matt Hogan, Chief Investment Officer (CIO) at U.S. cryptocurrency asset management firm Bitwise, published a blog positioning the sharp decline in the preferred shares 'STRC' issued by Strategy (MSTR) as a typical phenomenon at the end of the market cycle. He predicts a new bullish market by this fall. Bitcoin has recently fallen below $60,000, marking its lowest price since 2024.
STRC is a...