Bitcoin price slips near $87,000 as Strategy buys more BTC and Fed week hangs over crypto
Bitcoin slipped 0.6% to $87,476 Monday after a weekend drop, with Coinbase and Strategy shares also down. Strategy disclosed buying 2,932 bitcoin for $264.1 million last week. Spot bitcoin ETFs saw $1.7 billion in outflows over five days. Over $1 billion in leveraged crypto positions were liquidated during recent volatility.