Why the BTC price remained unchanged

Gamestop advertisement that it will invest in Bitcoin has led to excitement through the encryption community. Within hours, the video and retail game witnessed a significant increase in stock prices. However, the price of bitcoin remained the same.

In a conversation with Beincrypto, the representatives of the quantum economy and Cryptoquant explained that the price of Bitcoin had to be indifferent to this type of advertisement. Gamestop lacks the size and size to influence the value of asset trading, while the morale of the total hawk market restricts large price movements.

Understand Bitcoin from Gamestop

On March 26, Gamestop announced an update of the investment policy, and revealed this Bitcoin has added as a cabinet reserve. Bitcoin’s Microstrategy, Gamestop, reflects a gambling on encryption to enhance its financial position in 2025.

“Gamestop that Bitcoin adds to its public budget is a great victory for the adoption of companies in the world’s leading currency,” said Matti Greenspan, founder and CEO of Quantum Economics.

Company Stock prices jumped up to 12 % Within hours before seeing corrections. Community members’ reaction was positive, including high -level figures such as Scoti Bebin, the American Professional League champion six times.

As Pipen’s tweet also suggests, the Gamestop advertisement is parallel to the recent efforts by various institutional players to obtain Bitcoin’s holdings. However, unlike the previous cases, the company’s initiative did not affect the performance of the bitcoin price.

Explanation of indifference in the market

The day before the Gamestop, the bitcoin price reached its climax at 88,474 dollars. Yesterday, he decreased to an altitude of 88,199 dollars. At the time of the press, the bitcoin price depends on $ 86,691. In other words, the Bitcoin trading value remained unprecedented with Gamestop.

On previous occasions, these ads paid the price of BTC at large percentage points, which led to the release of a wave of upward morale in the trading activity.

When Tesla announced, for example, in February 2021 I bought Bitcoin worth $ 1.5 billionThis step briefly paid the price of the cryptocurrency by up to 20 %.

last The main players such as the strategy (Microstrategy formerly), Blackrock and States such as El Salvador and Bhutan have also acquired huge amounts of Bitcoin. But in the announcement of yesterday, Gamestop failed to mention the amount of BTC to which she was looking for.

The company stated that it would issue $ 1.3 billion in 0 % transferred senior notes to finance this acquisition. However, compared to the broader direction of the listed companies that buy Bitcoin, this number is disappointing.

“The advertisement lacked the main details – most importantly, the amount of bitcoin they already buy. While sitting on about $ 4.8 billion in cash, we have not seen any indication of any part, if any, to be allocated to BTC,” Greenban told Beincrypto.

As a result, leave the market guessing. Without a clear personality, investors had no reason to respond strongly. Instead, the statement was a message of intention rather than an event to move the concrete market.

But even if Gamestop explained the amount of Bitcoin that was ready to buy, it could still make a big difference in the Bitcoin price. This is due to the main macroeconomic factors that have kept BTC less than $ 90,000 for about a month now.

Why did the Gamestop ad for Bitcoin not moved?

According to her latest separation report, Gamestop has a cash balance of $ 4.8 billion. For each announcement yesterday, the company plans to raise $ 1.3 billion through a special offer for transformable upper notes.

However, he explained that the net revenue from this offer will be used for “public companies’ purposes”, which may include acquisition of bitcoin.

However, it remains to see. This mystery creates a position with a lot of speculation, but there is no concrete information.

For Greenspan, even if Gamestop uses its fully cash balance to buy Bitcoin, the total price of BTC will remain unchanged.

He said: “To put matters in their right quorum, the average bitcoin size alone is about 14 billion dollars per day-and this is not even calculating exchanges or in circulation investment funds. So even if Gamestop goes, it still does not praise.”

At the same time, the advertisement should also be seen in light of the greatest feelings surrounding the encryption market today.

A declining moment for Bitcoin

The market was especially careful recently. Between Trump’s tariffs and rumors about a possible stagnation, the price of Bitcoin remained stagnant.

“The total feelings in the market are still lower since January 2023 as measured by the Bitco Bull Core Index in Cryptoquant. The index is transmitted from 0 (less upward) to 100 (the most up), and has been in 20 years since late February,” said Julio Moreno, head of research at Cryptoquant.

While the main events advertisements pushed bitcoin in the past, the broader market has focused on other factors that affect trading behaviors.

“The growth of immediate demand in Bitcoin remains in shrinking lands, as it decreased by 297,000 Bitcoin in the last 30 days, and it is the largest contraction for this period since December 2023. The market focuses more on total developments, given the expectations of slow economy and uncertainty about the tariff in the management of Trump and trade policy.”

Looking at the largest pessimism of muddling morale in the market, corporate purchases ads are unable to get enough strength to influence Bitcoin prices positively.

Meanwhile, given the extent to which Crypto’s institutional adoption came, corporate ads do not have the same effect that they are accustomed to.

Has the companies ’adoption become old news?

There is an issue that the general public must have become sensitive to bitcoin treasury ads for companies. according to Data From Bitcoin bonds, private companies all over the world enjoy 381,560 BTC with a value of more than 33.2 billion dollars, and the weak public companies.

“More -related, institutional adoption is the last session,” said Greenspan.

Many modern ads that extend beyond the BTC Holdings in private companies have shook the market, causing price increase.

The market went largely when a spot Bitcoin etfs Trading began in January last year. For the first time, Bitcoin has become available for a broader group of institutional investors who were previously hesitating in investing directly in the encrypted currency.

This event has led to a significant flow of capital in the Bitcoin market, which raises demand and prices.

Almost a year later, when Trump, a presidential candidate I promised to make the United States a leader in the encrypted currencyHe won the elections, Bitcoin prices reached their new levels.

Other more modern events, such as Trump’s announcement of a National strategic encryption reservesIt had similar effects on the market.

According to Greenspan, the events of the latter will create future mutations at the BTC price. For him, the new adoption cycle will focus on bitcoin acquisition by the entire countries.

BTC National Reserve is to be the latest market driver

While countries like the United States, China and Ukraine are currently carrying stocks of Bitcoin that have been seized mainly from law enforcement activities, more countries deliberately buy additional bitcoin for strategic purposes.

Salvador, for example, Bitcoin purchases gradually increased. Today, it holds a little more than 6000 in holdings. Meanwhile, Bitcoin Potan stock I have already exceeded a billion dollar sign.

Other judicial states, such as Brazil, Poland, Hong Kong and Japan, also have If legislators were thinking about adding bitcoin To their financial reserves.

For Greenspan, these ads will lead to a real change in BTC future trading activity.

He said: “This bull runs mainly revolves around the dependence of the nation -state. Let’s face the matter: as it is fun and nostalgia like Gamestop, it simply cannot compete with the scale and importance of countries that enter Bitcoin.”

In the major plan for the Bitcoin Market, the Gamestop Declaration, albeit noticeable, compared to the potential impact of large -scale events such as national policy changes or major economic transformations.