The crypto market was volatile late on Tuesday after Strategy (MSTR) chairman Michael Saylor declared that his company could sell bitcoin in order to pay dividends from the STRC instrument, prompting short-lived panic in price action.
BTC however regained the $82,000 mark during the European morning Wednesday having risen by around 1.3% since midnight UTC, spurred mainly by a weakening U.S. dollar, which is down by 0.5% over the same period.
Dollar weakness comes after U.S. Secretary of State Marco Rubio said America had “achieved its military objectives” and was “not interested in further escalation, leading to a drop in oil prices as well.
Risk assets like the crypto market were poised to react well to the news as it means…
