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Bitcoin dips 7% amid weak yen and Strategy's potential $1B crypto sell-off

Market News
30 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Bitcoin fell 7% last week, trading near $59,514 and staying below its 200-week moving average, pressured by a weak Japanese yen hitting a 40-year low against the dollar. Major altcoins like Ether and dogecoin also dropped sharply. Strategy, holding the largest corporate bitcoin stash, may sell over $1 billion in crypto to bolster its balance sheet, adding market uncertainty. Despite price drops, blockchain activity remains steady, while US equity futures rise on tech gains and easing geopolitical tensions, with investors watching for yen intervention and US jobs data for future market direction.

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