TechFlow News: On February 23, according to CoinDesk, amid ongoing macroeconomic uncertainty disrupting markets, Bitcoin rebounded and reclaimed the $66,000 level. Pre-market trading of crypto-related and associated stocks showed signs of stabilization. Strategy—the publicly traded company holding the largest Bitcoin reserves globally—declined approximately 2% pre-market. Since launching its Bitcoin treasury strategy in 2020, Strategy is poised to execute its 100th Bitcoin acquisition. Regarding market sentiment indicators, the Crypto Fear & Greed Index dropped to 6, hitting a new low for this cycle and remaining in the “Extreme Fear” zone for seven consecutive days. Nevertheless, Bitcoin’s swift recovery from some of its losses suggests underlying bargain-hunting demand at these lower levels.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
