PANews, June 23 – According to QCP Market analysis, Bitcoin has steadily climbed above $65,000. Strategy announced an increase in cash reserves by $300 million to $1.4 billion, extending dividend coverage to nearly 10 months, while adding 520 BTC. This move may be financed through an at-the-market equity offering program, creating a dilutive effect on existing common shareholders, but investors were reassured by the company's commitment to rebuilding liquidity, with STRC rebounding from recent lows to above $90.
The Nasdaq fell about 1%, with large-cap tech stocks under pressure, but small-cap stocks outperformed, with the Russell 2000 hitting a record high above 3,000 points, suggesting investors may be rotating from large-cap tech into small-cap stocks. The complexity of U.S.-Iran negotiations did not support a crypto market recovery. This week's PCE inflation report will be a key catalyst – a higher-than-expected reading would reinforce tightening expectations, while a weak print would support risk assets. Quarter-end rebalancing events could bring significant cross-asset volatility. Crypto volatility has not reacted to this eventful week, and the options market does not appear to believe a single catalyst is enough to push BTC out of its current range.



