00:00It's Benzinga bringing Wall Street to Main Street.
00:03Strategy shares rose Tuesday as Bitcoin surged ahead of the Federal Reserve's final rate decision
00:08of 2025, according to Benzinga. Traders positioned for a potential 25 basis point cut,
00:15with CME FedWatch showing nearly a 90% probability. Economists expect Powell to
00:20announce the reduction on Wednesday and signal three more cuts in 2026. Strategy CEO Fong Li
00:26reiterated the company's long-term commitment to Bitcoin in a Yahoo Finance interview.
00:31Strategy holds more than 660,000 BTC, keeping its stock closely tied to Bitcoin's swings.
00:37Strategy's stock showed wide volatility over the past year and saw heavy trading volume on Tuesday,
00:42with a strong intraday move that hinted at growing bullish sentiment.
00:47The shares now face resistance near $200, while support sits around $179.92
00:53and $155.61, levels that could determine whether momentum continues or selling pressure returns.
01:01For all things money, visit Benzinga.com.
Comments