Bitcoin continues to consolidate above the $60,000 level as reduced expectations for a September rate hike and steady whale accumulation signal strong mid-term bullish sentiment. A break above $66,000 could unleash a rally to $74K.
Dogecoin price hovered near $0.072 on Monday after posting a modest weekly gain. The broader cryptocurrency market remained largely steady, with Bitcoin price holding above $64,000.
Shares of Strategy (MSTR) moved higher in early Monday trading after the company disclosed it had secured approximately $263 million through an equity offering last week — all while keeping its bitcoin treasury completely untouched.
Bitmine (BMNR) dramatically scaled back its Ethereum acquisition strategy during the past week, purchasing merely 7,430 ETH tokens valued at approximately $14 million — representing a considerable deceleration from the aggressive accumulation pace maintained throughout the year. Shares traded 2.4% higher in Monday's pre-market activity.