Bitcoin falls below $60,000 after Strategy discloses sale (opens in new tab)

Bitcoin fell below $60,000 on June 5 for the first time since October 2024, trading as low as about $59,100 to $59,770 before paring some losses. At those levels, the largest cryptocurrency was down more than half from its October 2025 peak above $126,000 and below prices reached after President Trump’s 2024 reelection, which had fueled a crypto rally. Several developments added to selling pressure: Strategy, the Michael Saylor-linked corporate bitcoin holder, disclosed the sale of 32 bitcoin...