Bitcoin reclaims $64K after Strategy’s SEC-disclosed 3,588 BTC sale triggers whipsaw
Flow data showed a futures-led push unwound on the filing, then a rebound that added $143M of spot buying.
USDC (USDC) is currently trading at $0.999845, with a market capitalization of $73.13 billion, ranking #5 among all cryptocurrencies. Over the past 24 hours, USDC is up 0.01%, trading between a low of $0.999575 and a high of $1.00, with $12.75 billion in trading volume. USDC's all-time high was $1.04, reached on November 15, 2018. Its all-time low was $0.877647 on March 11, 2023. Looking at broader trends, USDC has gained 0.02% over the past 7 days and is up 0.01% over the past 30 days. There are currently 73.15 billion USDC in circulation out of a total supply of 73.15 billion.
Flow data showed a futures-led push unwound on the filing, then a rebound that added $143M of spot buying.
The 3,588 BTC sale printed around $59K–$61K as traders debate capitulation-style on-chain extremes and a potential “W” bottom.
The reported secondary sale lands as MiCA-authorized platforms in Europe move to delist USDT, including Revolut’s planned removal.
Internal legal questions and an unresolved “hold indefinitely” debate are muddying the rollout timeline.
Adjusted stablecoin transaction volume hit a record $1.79T in June as USDT held roughly 25% share.
Chair Tom Lee tied ETH/BTC strength to improving odds of the US CLARITY Act passing this year.