
Th 05/11 | Daily Crypto & Macro News
Happy Thursday all!
If you missed the past 24 hours in crypto and stocks, here’s your full recap:
🚨 Major Headlines & Market Moves 🚨
- $BTC is trading around $80,550, up about 5.2% in 24 hours.
- Bitcoin broke above $81,000 as $320M in shorts were liquidated from the crypto market in just 30 minutes.
- Fidelity bought $236.7M worth of Bitcoin.
- Jack Dorsey’s Block added 120 Bitcoin in Q3 and now holds 9,237 BTC worth about $739M.
- Strategy’s STRC preferred stock is back at its $100 par for the first time since May, opening the door for more Bitcoin buying.
- Stand With Crypto says 68.2% of…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.