Bitcoin prices fell below $92,000 in late February, nearing their lowest levels since November of last year as a risk-off sentiment swept through the markets, with US stocks continuing their downward trend.
The selloff in risk assets began last week amid growing concerns over the US economic outlook, amplified by President Donald Trump’s escalating tariff threats and the Federal Reserve’s hawkish stance on interest rates.
Meanwhile, Michael Saylor’s Strategy has acquired an additional 20,365 Bitcoin worth nearly $2 billion to its treasury, bringing total Bitcoin holdings to 499,096 or approximately $33.1 billion.
The purchase was financed through the company’s convertible bond sale last week, which is part of its broader Bitcoin acquisition strategy.
