Bitcoin Drops Then Rebounds After Trump Comments on Crypto Support
On July 6, Bitcoin dropped over 2% after MicroStrategy sold $216 million worth of its Bitcoin holdings. Later that day, it rebounded by 1.8% following comments from President Donald Trump stating he is 'a big crypto guy.' The market's volatility was attributed to the sale and political statements.
Tickers: $MSTR
Topics: Bitcoin MSTR sale price movement Trump comment