Bitcoin retreats even as Amazon, Microsoft face calls to embrace BTC

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Bitcoin retreats even as Amazon, Microsoft face calls to embrace BTC
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Bitcoin (BTC) edges down 2.5%, trading below $98,500 on Monday, after rallying 4% and reaching a new all-time high (ATH) of $104,088 last week.

Bitcoin price today: $98,500 Bitcoin price edges down, trading below $98,500 on Monday, after increasing 4% the previous week. According to an NCPPR report, Amazon shareholders are urging the company to consider investing in Bitcoin as a reserve asset to beat inflation and boost shareholder value. In an exclusive interview, Auros Managing Director Le Shi said Bitcoin is “relatively early” in the bullish cycle. Bitcoin edges down 2.

77 billion last week, compared to a $136.5 million outflow the previous week. Total Bitcoin Spot ETF Net Inflow chart. Source: Coinglass In an exclusive interview with FXStreet, market-making firm Auros Managing Director Le Shi said that, based on past trends, Bitcoin is “still relatively early on” in the bullish cycle when compared to other years in which there has been a halving event.

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