Strategy Sells 32 Bitcoin as BTC Slips Below $71.5K

Bitcoin kicked off June by tumbling below $71,000 for the first time since April, triggering a broader market sell-off that wiped out $627 million in leveraged positions and reduced the total crypto market cap to $2.52 trillion. Bitcoin Crashes Below $71,000 to Kick Off June Bitcoin started June on the back foot, tumbling below $71,000 […]

SpaceX's ambitious IPO valuation and Bitcoin strategy could redefine market dynamics, influencing tech investment trends and financial strategies. The post SpaceX targets $2T IPO valuation, Bitcoin on balance sheet appeared first on Crypto Briefing.

On June 1, 2026, Strategy disclosed in an 8-K filing that it sold 32 Bitcoin between May 26 and May 31 at an average price of $77,135, raising about $2.5 million. It was the company’s first Bitcoin sale since December…

Strategy's Bitcoin sale signals a shift from its "never sell" stance, potentially impacting investor confidence and future stock performance. The post Strategy sells bitcoin for the first time since December 2022 appeared first on Crypto Briefing.

Bitcoin is approaching a pivotal moment, with several key support and resistance levels set to determine its next major move. While bulls are fighting to maintain critical price zones and preserve the broader recovery structure, bears continue to pressure the market from above. Bitcoin Struggles Below $78,080 As Bears Retain Control Analyst Kamile Uray notes that Bitcoin’s recent recovery attempt was feeble, with the price remaining trapped below the critical $78,080 threshold. Until the market secures a decisive 4-hour close above this level, the structural outlook remains vulnerable, and the downward trend is likely to persist. Related Reading: Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown To the downside, attention shifts toward the Fibonacci support zone spanning $71,000 to $68,000. This region historically attracts buyers and could serve as a vital foundation for a structural rebound. Conversely, should the market turn bullish, traders must watch the $82,885 l

XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market.

Strategy has put STRC at the center of its latest capital story after selling 32 Bitcoin to help fund preferred stock distributions. Strategy said in an 8-K filing that it sold the Bitcoin for about $2.5 million last week, with…

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