Happy Monday!

Bitcoin tapped $69,000 even though oil is surging to highs not seen in years. What is going on?

Strategy ripped one of the biggest Bitcoin purchases last week. Is this the start of a reversal for MSTR?

Plus, while retail investors panic-sold, politicians quietly loaded up on specific stocks they knew were about to move. Every trade they make is public record. Most investors never look. Benzinga Edge members never miss one. See What Congress Is Buying Right Now.

TOP STORY

Bitcoin Taps $69,000 — Shakes Off Oil Price Surge Beyond $100

Bitcoin tapped $69,000 Monday as oil plunged 11% in one hour after the G7 and IEA announced the largest coordinated strategic reserve release in history.

The emergency intervention capped a supply shock that had sent crude above $100, and BTC shook it off, increasingly trading like a U.S. risk asset insulated from Middle East oil exposure.

SPECIAL OFFER

Congress Just Made 47 Trades While You Were Watching The Market Crash

While retail investors panic-sold, politicians quietly loaded up on specific stocks they knew were about to move. Every trade they make is public record. Most investors never look. Benzinga Edge members never miss one. Get the real-time feed of every congressional buy and sell the moment it hits public record, and start investing with the people who write the rules.

QUICK N DIRTY

Bitcoin, Ethereum, XRP are holding firm despite oil prices surging and traditional markets shaking: here’s what’s moving markets today.

Dogecoin’s best days seem firmly behind it. But that doesn’t mean it cannot have another relief rally. Here’s what technical analysis predicts.

Crypto ETFs had a rather successful last week, with Bitcoin picking up the bulk of inflows. But why did XRP see outflows?

FINTECH FOCUS

Strategy Begins 'Second Century' With Massive $1.28 Billion Bitcoin Buy

Strategy dropped $1.28 billion on 17,994 Bitcoin at $70,946 per coin — its biggest single purchase in months.

The company now holds 738,731 BTC at an average cost of $75,862, sitting roughly $6 billion underwater with BTC trading near $68,000.

With over $35 billion in remaining ATM capacity across preferred and common stock programs, Saylor isn't done buying.

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