The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Bitcoin recorded its worst weekly drop since the 2022 FTX collapse, falling 17% and erasing $390 billion in market value before stabilizing near $61,300. Strike CEO Jack Mallers attributed the price action to a global liquidity shortage, viewing Bitcoin as a key indicator of systemic macroeconomic vulnerabilities. Additionally, Mallers raised concerns regarding the sustainability of MicroStrategy's ongoing stock capital dynamics in the current market environment.