🔥 At 3am UTC, $899M in BTC volume hit the market, sparking a 1.5% price surge to $64,508, as Michael Saylor announced STRC's $8.5 billion run-up, fueling the #Bitcoin adoption narrative.
📊 The key to STRC's viral growth lies in its Bitcoin-backed credit product, attracting billions from retail investors, with top smart money wallets like MarketCat and PVE accumulating Solana, and the #BTC price responding with a neutral RSI of 51.9, as the #crypto market sentiment remains in fear, at 29/100.
🤔 The twist: as STRC goes viral, will institutional investors, with $6.68B in BTC open interest, and a long/short ratio of 1.52, be able to keep up with the rapid growth of this Bitcoin-backed credit product, and what does this mean for the future of #digitalcredit?
📊 The key to STRC's viral growth lies in its Bitcoin-backed credit product, attracting billions from retail investors, with top smart money wallets like MarketCat and PVE accumulating Solana, and the #BTC price responding with a neutral RSI of 51.9, as the #crypto market sentiment remains in fear, at 29/100.
🤔 The twist: as STRC goes viral, will institutional investors, with $6.68B in BTC open interest, and a long/short ratio of 1.52, be able to keep up with the rapid growth of this Bitcoin-backed credit product, and what does this mean for the future of #digitalcredit?