MicroStrategy Approves Big Bitcoin Sales Amid Gold Price Drop

MicroStrategy, a business intelligence company, has approved up to $1.25 billion in Bitcoin sales and $2 billion in share repurchases. This move comes as part of its strategy to invest in digital assets.

Bithumb, a South Korean cryptocurrency exchange, has listed CAP on its platform, allowing users to trade the asset against the Korean Won (KRW) market.

China's manufacturing and non-manufacturing PMIs exceeded market expectations for June, indicating a strong economic performance in the country.

The price of gold dropped sharply below $3,950 amid yen depreciation, causing a significant fluctuation in the precious metal's value.