Bitcoin remained just under $63,000 on July 6, 2026.
It had spiked past $64,000 before but then reversed.
Michael Saylor’s Strategy offloaded a large 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 nonetheless hold that Bitcoin for the prolonged run.