Bitcoin remained just under $63,000 on July 6, 2026.
It had surged past $64,000 earlier but then recoiled.
Michael Saylor’s Strategy sold a substantial amount of the cryptocurrency.
Holdings declined significantly by $216 million to $225 million.
American Bitcoin Corp’s stock slumped to a new low of $8.00 per share.
Analysts see heavy selling pressure.
Some still nevertheless believe Bitcoin for the long run.