{"id":44943,"date":"2026-06-24T17:39:50","date_gmt":"2026-06-24T17:39:50","guid":{"rendered":"https:\/\/financialrush.com\/?p=44943"},"modified":"2026-06-24T17:39:50","modified_gmt":"2026-06-24T17:39:50","slug":"bitcoin-price-crashes-below-60k-as-strategys-mstr-plunges-10","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=44943","title":{"rendered":"Bitcoin Price Crashes Below $60K as Strategy&#8217;s MSTR Plunges 10%"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tMSTR is below $100 for the first time in two years.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>Bitcoin can\u2019t catch a break these days as the rejection from $67,200 at the beginning of the previous week continues to haunt it and push it south.<\/p>\n<p>In alignment with Strategy\u2019s stock price, the primary cryptocurrency has plummeted below the crucial support at $60,000.<\/p>\n<figure id=\"attachment_1440917\" aria-describedby=\"caption-attachment-1440917\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/BTCUSD_2026-06-24_20-16-15-scaled.png\"><\/a><figcaption id=\"caption-attachment-1440917\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>It was just over a week ago that the overall sentiment in the crypto industry was much more positive, as U.S. President Donald Trump promised a deal with Iran that was supposed to be signed by June 19.<\/p>\n<p>The actual confirmation didn\u2019t arrive; instead, the two sides clashed again, and the POTUS <a href=\"https:\/\/cryptopotato.com\/is-bitcoin-and-peace-in-trouble-as-trump-warns-iran-of-fresh-strikes\/\">made new threats<\/a> over the weekend of further attacks.<\/p>\n<p>Meanwhile, investor exodus from the spot Bitcoin ETFs continued as net outflows continue to dominate daily.<\/p>\n<h2 id=\"fear-around-microstrategy-mounts-as-stock-price-plunges\">Fear Around MicroStrategy Mounts as Stock Price Plunges<\/h2>\n<p>Perhaps the most crucial part of the current market environment is Michael Saylor\u2019s Strategy as the firm\u2019s STRC shares still trade below their peg of $100.<\/p>\n<p>FUD around the largest corporate BTC accumulator continues. Some analysts believe the company would have to sell at least 50,000 BTC in the next few years, while others <a href=\"https:\/\/cryptopotato.com\/saylor-should-stop-buying-bitcoin-says-cryptoquant\/\">urged<\/a> Strategy to halt its bitcoin purchases for now.<\/p>\n<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<p>The company has indeed begun <a href=\"https:\/\/cryptopotato.com\/strategy-buys-more-bitcoin-but-turns-attention-to-usd-reserve-with-300m-injection\/\">announcing<\/a> smaller BTC purchases while it focuses on rebuilding its USD reserves.<\/p>\n<p>However, its main stock price has also taken a major beating, plunging by 10% daily to $93 as of press time. This marks a 2-year low.<\/p>\n<p>With most alts following BTC on the way south, the total value of liquidated positions across derivatives markets is around $650 million, according to data from Coinglass.<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'main'}); }\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'full_details'}); }\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'bybit', 'link_type': 'main'}); }\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/bitcoin-price-crashes-below-60k-as-strategys-mstr-plunges-10\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; MSTR is below $100 for the first time in two years. Bitcoin can\u2019t catch a break these&hellip;\n","protected":false},"author":2,"featured_media":6085,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-44943","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44943"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/6085"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}