Nonsense: Saylor blamed AI for bitcoin crash. Arca has one word for that

Arca is blaming Strategy's sale of 32 BTC for last week's BTC crash, not AI capital rotation, as Strategy's Saylor claimed. What to know : Arca is blaming Strategy's sale of 32 BTC for last week's BTC crash, not AI capital rotation, as Strategy's Saylor claimed. Arca's CIO, Dorman, argued that markets tanked because the 32 BTC sale signaled the firm may need to sell more to meet its preferred share dividend obligations. Dorman explained a scenario that could stabilize the market, but doesn't think Saylor will do it.(Coindesk)