Bitcoin dropped past $60,000 in one rapid fall toward $61,000. Crypto stocks sank as the price slid. MicroStrategy shares fell 10% after buying more Bitcoin. The company used $100 million to add to its holdings. That purchase is set to spread existing shares thinner for current owners.
Watchers at Bitcoin Price Forecast see more drops coming. The latest move joins a wider slump in crypto. Some buyers had bet the extra cash would lift prices. Instead, that fresh coins worsened losses for shareholders.