A string of positive news kept bitcoin buyers active on Monday as analysts searched for signs of a short-term bottom.
Traders also reacted to hedge fund manager Paul Tudor Jones’ assertion he could “go all in on the inflation trades,” during an interview with CNBC on Monday.
MicroStrategy is also in the news again, preparing to buy up to $488 million in bitcoin with the proceeds of a $500 million bond sale that closed on Monday.
Overall, sentiment appears to be shifting to the positive following a volatile May.
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