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

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

Coindesk
Author:
Coindesk
Release Time:
2025-05-29 18:42:02
0

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.

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