Bitcoin's price has dipped to $62,500 due to renewed selling pressure in the market. This decline comes as investors rethink their positions amid market fluctuations.
Meanwhile, Metaplanet, a Japanese company, has decided to capitalize on the lower price by making a significant investment of $6.7 million to enhance its Bitcoin holdings.
This move reflects confidence in the cryptocurrency's potential for future growth, even as prices fluctuate in the short term.
Source: cryptonews.com ↗