Woofun AI reports that BTC surpassed the $65,000 threshold, driven by Strategy's acquisition of 520 BTC and a $300 million expansion of cash reserves to $1.4 billion. This move alleviated liquidity concerns as dividend coverage extended to nearly 10 months, prompting STRC to rebound above $90.

Despite this localized optimism, the broader risk asset environment remains complex. The Nasdaq declined approximately 1% under pressure on large-tech stocks, while the US dollar weakened significantly against the Japanese yen, sparking speculation about potential Bank of Japan intervention. Conversely, small-cap equities strengthened, with the Russell 2000 index breaking 3,000 points to reach a new historical high. Crypto markets continue to exhibit range-bound behavior, constrained by US-Iran geopolitical uncertainties, lingering questions regarding Strategy's STRC products, and debates over Federal Reserve policy paths. Upcoming US PCE inflation data and quarter-end fund rebalancing may introduce cross-asset volatility, though options market pricing suggests traders do not expect any single event to break the current trading range.