Bitcoin’s $11,500 Drop Sparks Investor Panic Amid MicroStrategy Stock Concerns

The recent dramatic decline in Bitcoin’s value has sparked significant concern among investors, particularly newcomers. Several contributing factors were identified, with MicroStrategy’s stock being a major influence. A noteworthy insight comes from Kerrisdale Capital, which shorted MicroStrategy’s shares, citing overvaluation. Bitcoin’s recent price drop of $11,500, drastically affecting market sentiment, particularly due to MicroStrategy’s controversial

Source: CoinOtag