Bitcoin Reclaims $65K as Strategy Stops Buying | Daily Crypto Roundup

Bitcoin has recovered above $65,000 after briefly falling below $64,000 as oil prices, geopolitical tensions and weakness in artificial intelligence stocks shook global markets.

In today’s Daily Crypto Roundup, we examine whether Bitcoin’s latest recovery can finally turn $65,000 into support and what investors should watch next.

Michael Saylor’s Strategy raised approximately $263.5 million but did not purchase any additional Bitcoin, leaving its holdings unchanged at 843,775 BTC. Instead, the company strengthened its cash reserve to help cover dividends, interest payments and other obligations.

Tom Lee’s BitMine also slowed its Ethereum accumulation, purchasing just 7,430 ETH while spending approximately $86 million buying back its own shares. The company now controls around 5.78 million Ethereum and is approaching its target of owning 5% of the circulating supply.

Cardano has activated its Van Rossem hard fork, introducing smart-contract improvements and completing the first major network upgrade approved entirely through Cardano’s onchain governance system.

Solana continues to struggle below $80 as recent exploits involving BonkDAO and Allbridge raise fresh concerns about security across the wider Solana ecosystem.

Bitcoin’s recovery above $65,000 Oil prices and geopolitical tensions Strategy’s $263.5 million capital raise Michael Saylor’s unchanged Bitcoin holdings BitMine slowing its Ethereum purchases Tom Lee’s $86 million share buyback Cardano’s Van Rossem hard fork Cardano decentralised governance Solana price resistance at $80 BonkDAO and Allbridge exploits

Disclaimer: This podcast is for information and entertainment purposes only. Nothing discussed should be considered financial advice. Always conduct your own research and never invest money you cannot afford to lose.