MicroStrategy just bought 2,486 BTC (~$168M), adding to its massive stash now exceeding 717,000 BTC — a huge signal of long-term institutional confidence in Bitcoin. Meanwhile, the broader crypto market is under pressure with Bitcoin struggling below key resistance and the total market cap weakening as traders watch key support levels. Chainalysis also reported an 85% surge in crypto transactions linked to human trafficking, raising concerns about illicit use of digital assets. Additionally, roughly $3.8 billion has flowed out of crypto investment products in recent weeks, showing cautious positioning among investors. On the altcoin front, DeepSnitch AI is causing frenzy with a 300× narrative, pushing traders to chase potential gains.
