Bitcoin Falls Below $62,000 After Strategy Sells BTC to Fund Dividend Payment
Bitcoin fell below $62,000 after Strategy sold 3,588 BTC worth about $216 million to help fund a dividend payment.
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Bitcoin fell below $62,000 after Strategy sold 3,588 BTC worth about $216 million to help fund a dividend payment.
Strategy shares fell to a 23-month low as the company’s unrealized Bitcoin losses climbed to approximately $11.2 billion.
The cryptocurrency market lost roughly $200 billion in value over 24 hours as Bitcoin fell below $62,000, triggering the largest wave of leveraged liquidations since January.
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Bitcoin drops below $100K but analysts remain bullish on its long-term trajectory amid institutional momentum.
Bitcoin drops 12% against a 1.6% S&P 500 decline, signaling possible oversold conditions and a short-term relief rally.
Bitcoin fell below the $100,000 level amid rising liquidation pressure and ETF outflows, as analysts flag a potential descent toward $90,000 or lower.
A strategy snaps up 397 BTC (~$45.6 M) indicating renewed institutional interest in Bitcoin.
A crypto whale placed a $900 million short bet against Bitcoin and Ethereum, signaling growing bearish sentiment amid volatile market conditions.