Bitcoin price slips below $88,000 as Fed pause and ETF outflows keep crypto pinned

Bitcoin dropped close to 2% on Thursday, slipping below the $88,000 mark as investors digested a Federal Reserve signal indicating no immediate plans to lower rates again. BTC traded down 1.8% at $87,686.

Strategy Inc stock price slips as MSTR digests fresh bitcoin buy and a new Wall Street call

Strategy Inc stock price slips as MSTR digests fresh bitcoin buy and a new Wall Street call

Strategy Inc shares fell Wednesday, despite bitcoin edging higher. Traders mulled the company’s recent crypto purchases alongside the stock sales used to bankroll them. By midday, Strategy was down 0.6% at $160.57, while bitcoin climbed roughly 2.1% to around $89,492. Other crypto-related stocks showed a mixed picture: Coinbase slipped about 1%, Marathon Digital dropped 0.9%, and Riot Platforms gained 0.8%.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

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Times and estimates may change. Verify before trading.