Crypto Today: MicroStrategy buys BTC again as Ethereum memes rally amid $103B market outflows

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The cryptocurrency sector valuation dipped 2.8% to hit $3.46 trillion on Monday, reflecting $103 billion outflows within the daily timeframe.

Microstrategy CEO Michael Saylor has announced another $2.1 billion purchase of 21,550 BTC at $98,783 per coin. In the derivatives market, 203,986 traders were liquidated with bulls booking 82% of the $504 million of total liquidations. Altcoin market updates: Ethereum memes advance, as XRP, SOL, TRX traders take profits Bitcoin price wobbled below the $97,000 level on Monday, despite Microstrategy announcing another BTC purchase of $2.1 billion.

price rose to a new all-time high of $0.000028, while Floki Inu also gained 2% to advance above the $0.000025 level. Chart of the day: Are investors dumping BTC for Gold amid geopolitical risks and CPI report? Bitcoin price dropped as low as $94,000 on Monday, down 7% from last week’s record-breaking rally to $104,100.

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