business

Bitcoin Slides Below $60,000 as Strategy Selloff Refuels Anxiety

Bloomberg Markets · Jun 30, 2026, 5:24 PM · Also reported by 4 other sources

Bitcoin tumbled more than 3% toward $58,000 on Tuesday as investors reversed an initial vote of confidence in Michael Saylor’s financing overhaul at Strategy Inc., raising fresh concerns that one of the cryptocurrency’s biggest buyers may no longer be a consistent source of demand.

Read full story on Bloomberg Markets → More top stories

Also covered by

Decrypt What Is Strategy (MSTR)? The Bitcoin Treasury Company Yahoo Finance Strategy Target Cut to $260 as TD Cowen Lowers Bitcoin Outlook Yahoo Finance Strategy’s Stock Falls 44% In June As Bitcoin Crumbles MarketWatch Strategy can now sell bitcoin to buy back stock — the opposite of what it’s been doing

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Bitcoin Slides Below $60,000 as Strategy Selloff Refuels Anxiety

Also covered by

More in business