MicroStrategy(US:MSTR) 2 1 Shi Ji Jing Ji Bao Dao·2025-11-15 14:41Market Overview - The cryptocurrency market has experienced a decline for the third consecutive week, with Bitcoin dropping below $95,000 and a total market capitalization loss exceeding $1 trillion since October 10 [4] - Over the past 24 hours, more than 130,000 traders were liquidated, with a total liquidation amount of $390 million [2] Bitcoin Dynamics - Significant selling pressure from "whales" (holders of over 1,000 Bitcoins) and long-term holders has been observed, with approximately 815,000 Bitcoins sold in the last 30 days, marking the highest sell-off level since early 2024 [4] - Whales holding Bitcoin for over seven years are reportedly selling at a rate exceeding 1,000 Bitcoins per hour [4] MicroStrategy Insights - Speculation regarding MicroStrategy potentially selling Bitcoin has increased, with on-chain fund movements raising concerns among market observers [4] - MicroStrategy's stock has declined nearly 32% over the past month, with a market capitalization of $59 billion, while the value of its Bitcoin holdings stands at $62.3 billion [5] - Despite the stock decline, MicroStrategy's co-founder Michael Saylor reiterated the company's strategy of continuous buying, pausing only at the end of each fiscal quarter for new purchase announcements [5] Economic Context - The U.S. government shutdown has led to the potential absence of key economic data releases, including the Consumer Price Index (CPI) and employment statistics for October, complicating the Federal Reserve's decision-making process [5] - Dallas Federal Reserve Bank President Lorie Logan indicated that she does not support further interest rate cuts unless there is clear evidence of a faster decline in U.S. inflation [5] - Concerns about inflation and labor market risks have led to a cautious stance among Federal Reserve officials regarding future rate cuts [5]