4,359 BTC Head to Trump Media's Treasury as Bitcoin Trades Near an 82-Day Low

Three Things to Know Trump Media disclosed a purchase of 4,359 Bitcoin shortly after President Trump called crypto dangerous. Bitcoin trades below both its short and long trend averages, and sellers still lead the move. The 200-day average just overhead is the line that will show whether the corporate bid can turn the chart. Trump Media has added a large block of Bitcoin to its treasury. The company revealed the buy soon after the president warned that crypto is dangerous. The purchase arrives as Bitcoin drifts near its lowest level in almost three months, with sellers firmly in control. Corporate buying can lift the mood, yet it has not moved the price. Traders now want to know if this bid can stop the slide or will fade like recent bounces.

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