Why Bitcoin Slipped with Bessent Nomination & MSTR's Market Climb

Andy Baehr of CoinDesk Indices explains Bitcoin's pullback after the cryptocurrency hit $100,000 for the first time last week. On Donald Trump's nomination of Scott Bessent for Treasury Secretary, Andy says Bessett's pro-crypto stance will benefit other crypto products like Ethereum more in the short-term. He also explains Microstrategy's (MSTR) meteoric rise with its close ties to Bitcoin.
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#economy #finance #investing #stockmarket #marketnews #trading #bitcoin #btc #ethereum #eth #etf #etfs #cryptocurrency #crypto #microstrategy #mstr #rally

[@CortezLabs]

MSTR 🚀🚀

[@grantkeller4097]

MSTR to infinity and beyond

[@NouraZahedi]

Thanks for the useful tips! Though I expected to see elizzarda mentioned - it’s been bringing me extra income, way easier than I thought.

[@Blueprint_-xw2mx]

MSTR will be Top 3 Market Cap Company in the world before 2030 🫡🇺🇸🍿💎🔥

[@nadie2795]

Gold and crypto are a store of value when politicians are doling out tax dollars like drunken sailors. If you ask what else is BTC, you better ask the same thing of gold.

[@mysticjedi6730]

Whats behind it? Whales and people with some are cashing in...

[@dtb7872]

people with knowledge of the market, convertible bonds, and Bitcoin.