Institutional buyers ‘nibbling’ as crypto selloff widens, but analysts warn final shakeout may not be done

Nvidia's excellent financial performance failed to calm the market's concern about the AI foam, and technology stocks declined due to the shift to defensive sectors and valuation issues. （Decrypt）

Billionaire Grant Cardone purchased over 180 bitcoins for $15 million and continues to increase his holdings. （The Bitcoin Historian）

Michael Saylor stated that Strategy's investment in Bitcoin worth $5.5 billion was not affected by concerns about the delisting of the index. （Decrypt）

Analysts say the latest drawdown is exposing a divide between fast-money traders and long-term allocators who view the pullback as an opportunity.They see bitcoin’s ownership mix and regulatory progress limiting the severity of this cycle’s decline compared with past downturns.

Rumble has integrated Bitcoin and encrypted wallets into its streaming platform, and users can now use Bitcoin to send rewards. （Bitcoin Archive）