Key takeaway:Bitcoin (BTC) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics.…
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Key Points:Bitcoin’s price held back by short-term investors’ sell-offs.Michael Saylor highlights a shift in investor base.Bitcoin ETFs and treasury firms are attracting new interest.
Michael Saylor, Strategy Chair, discussed Bitcoin’s valuation…