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[Breaking] Bitcoin Breaks $81,500, Surging 5.3% in 24 Hours... Michael Saylor's Strategy (MSTR) Holdings of 845,050 BTC Draw 'Attention'

Bitcoin (BTC) has staged a strong rebound, climbing above the $81,000 level. Just a day earlier, the price hovered around $77,000, but it has quickly renewed its recent high as short-term buying momentum strengthened. As of the morning of the 4th, according to CoinMarketCap, bitcoin was trading in

Wooil Shim
Staff Reporter
7 min read
[Breaking] Bitcoin Breaks $81,500, Surging 5.3% in 24 Hours... Michael Saylor's Strategy (MSTR) Holdings of 845,050 BTC Draw 'Attention'
CBC News

Bitcoin (BTC) has staged a strong rebound, climbing above the $81,000 level. Just a day earlier, the price hovered around $77,000, but it has quickly renewed its recent high as short-term buying momentum strengthened.

As of the morning of the 4th, according to CoinMarketCap, bitcoin was trading in the $81,500 range, up approximately 5.3% over 24 hours. While real-time prices continue to fluctuate, CoinMarketCap data showed the price holding in the mid-$81,000s. Its market capitalization stands at roughly $1.63 trillion.

■ Daily Low of $76,940 → High of $81,790

The 24-hour price movement is notable. On the charts, bitcoin traded sideways near $77,000 early on before shifting into an upward phase. After breaking above $78,000, the price successively surpassed $79,000 and $80,000, and in the latter half of the period it maintained its gains above $81,000.

According to CoinMarketCap, the 24-hour low was around $76,940 and the high around $81,790, meaning the gap between the daily low and high reached about $4,850. Trading volume also rose sharply from the previous day, indicating expanded market participation alongside the price increase.

■ Risk Asset Sentiment Improves on Waller's Remarks

The rally appears to have been influenced in part by eased caution surrounding U.S. monetary policy. After comments from Federal Reserve Governor Christopher Waller, sentiment toward risk assets improved, and bitcoin quickly rebounded from below $77,000 to around $81,000. During the session, bitcoin at one point rose to its highest level since last May.

■ Strategy Holds 845,050 BTC... Caution Urged on Claims of "$4.6 Billion Profit"

Along with the price rise, the bitcoin holdings of Strategy (MSTR), led by Michael Saylor, are once again drawing market attention. Strategy purchased an additional 4,603 BTC last month, bringing its total holdings to 845,050 BTC as of August 31. The average purchase price of the recent acquisition was $80,318.

However, the figures of "7.19% and $4.6 billion in profit" cited in a post by Crypto Wolf, as submitted by a user, should be viewed as claims made in that post. Unrealized gains calculated from currently public data on Strategy's holdings and acquisition costs vary constantly with bitcoin's real-time price, and therefore should not be described as confirmed profits. In particular, it is important to note that these remain unrealized gains until the position is sold.

■ Short-Term Key: Establishing a Foothold Above $80,000

In the short term, whether bitcoin can establish a foothold above the $80,000 level has emerged as a key zone for gauging the price trajectory. With the price range expanding from the high $76,000s to the high $81,000s in just one day, investors should watch not only for further gains but also for the possibility of increased volatility driven by short-term profit-taking.

[※ This article was written for the purpose of providing information about the cryptocurrency market and does not recommend the purchase or sale of any specific virtual asset or guarantee investment returns. Price forecasts, support and resistance levels, target prices, and other details mentioned in the article are scenarios based on technical analysis by market participants and may unfold differently from actual price movements. Cryptocurrencies are high-risk assets with extreme price volatility, and investors may lose part or all of their principal. Investment decisions and their consequences are the responsibility of the investor, so please thoroughly review market conditions and relevant information before investing. This article was written with AI assistance.]

Wooil Shim
Staff Reporter

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