Browsing: Bitcoin News

(Bloomberg) — Strategy Inc.’s flagship preferred security is a whisker away from its original offering price after a bruising selloff, helped by one committed buyer: the company itself.

Bitcoin price analysis is rough right now, as it trades around $75,700, down roughly -2.2% on the day, while a bruised market digests a Senate vote that went nowhere. There’s a quieter number worth watching too, one buried further down in the presale data most traders haven’t looked at yet.

Bitcoin was trading at a near four-week low Wednesday as investors await the Federal Reserve’s interest-rate decision later in the day, and after the digital currency fell Tuesday following the U.S. Senate’s rejection of a crypto-friendly bill.