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Bitcoin Fell After Strategy Sold $216 Million Worth of It. Then Trump Said that He's 'A Big Crypto Guy'

Bitcoin
International Business Times Fews App News Provider
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The world's largest cryptocurrency initially tumbled toward the $60,000 mark after Strategy, the largest corporate holder of bitcoin, disclosed it had sold an additional $216 million worth of the digital asset. Getty Images Bitcoin recovered from sharp early losses on Monday after President Donald Trump publicly reaffirmed his support for cryptocurrency, helping offset investor concerns sparked by another round of bitcoin sales from software company Strategy. The world's largest cryptocurrency initially tumbled toward the $60,000 mark after Strategy, the largest corporate holder of bitcoin, disclosed it had sold an additional $216 million worth of the digital asset.

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