With the market impacted by multiple factors, the price of Bitcoin has shown fluctuations recently. In addition to the concerns raised by the Federal Reserve's policies and Trump's appointment of pro-Cryptos personnel, the latest developments from MicroStrategy have also become a focal point of market discussions.

Bitcoin's price once hit $92,922, and has fallen about 13% from recent highs. Last week, Bitcoin accumulated a drop of 10%, influenced by the Federal Reserve's hawkish policy outlook for 2025. The Federal Reserve expects the pace of future rate cuts to slow, which has inhibited Bitcoin's rebound momentum. Typically, rate cuts push up the prices of risk assets like Bitcoin, while expectations of fewer rate cuts put pressure on the Cryptos market.

As of the time of writing, Bitcoin has slightly rebounded above $95,400.

Despite this, Bitcoin has still accumulated an increase of over 100% this year. The pro-Cryptos stance of Trump’s new administration has provided some support for the market.

Recently, Trump nominated Stephen Miran as the Chairman of the Economic Advisory Council. Miran is known for supporting the deregulation of Cryptos and Trump's economic agenda. This appointment signifies that the Trump administration may further advance pro-Cryptos policies. Additionally, Trump had previously appointed Cryptos advocate Paul Atkins to lead the Securities and Exchange Commission, and appointed Technology investor David Sacks to oversee AI and Cryptos affairs.

As the world's largest corporate holder of bitcoin, $MicroStrategy (MSTR.US)$ Recently, MicroStrategy continued to purchase Bitcoin for $0.561 billion, but this amount is significantly lower than the $2.1 billion on December 9 and $1.5 billion on December 16. This purchase was made through funds raised from the company’s previously announced 'market issuance' plan. As of now, MicroStrategy holds a total of 444,262 Bitcoins, valued at approximately $43 billion.

According to Monday's securities filings, the company's latest average purchase price exceeded $106,000 per Bitcoin. Currently, MicroStrategy's market capitalization is about 2.2 times the value of its Bitcoin Hold Positions, with a total market cap of $89 billion, alongside $7 billion in debt and an estimated $1 billion Software Business valuation.

However, the company's stock price fell from a peak of $543 on November 21 to $332.26, a decrease of 8.8%, mainly due to the stock premium narrowing from a previous 3.5 times.

MicroStrategy's Bitcoin 'yield' for this quarter reached 47.4%, which the company views as a key Indicator of shareholder value creation. However, recent smaller-scale equity sales may indicate that the company is facing challenges in finding new investors after a large-scale sell-off in the past two months.

In Other cryptocurrencies, Ethereum increased by 2.1%, Solana rose by 2.1%, while XRP slightly declined by 0.2%.

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