BTCC / BTCC Square / Coindesk /
GameStop Tumbles 6% as Traders Flip the Script on Bitcoin Hype

GameStop Tumbles 6% as Traders Flip the Script on Bitcoin Hype

Author:
Coindesk
Published:
2025-05-29 18:42:02
6
3

GameStop Slides Another 6% as Investors Sell the Bitcoin Buy News

Another red day for the meme-stock darling—because nothing says ’long-term strategy’ like panic-selling a crypto announcement.

Wall Street’s favorite volatility play gets rug-pulled by its own fanbase. Turns out ’buy the rumor, sell the news’ applies even when the news involves digital gold.

Bonus jab: Clearly, diamond hands only work when the Fed’s printing press is on standby.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users