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Crypto markets fall as bitcoin drops for 4th day amid fears over Strategy's preferred stock sales.

Market News
19 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

Major cryptocurrencies, including bitcoin and ether, declined for a fourth consecutive day due to concerns over Strategy's (MSTR) dividend-paying preferred stock STRC, which has fallen below par. Investors worry that Strategy and stressed bitcoin miners may be forced to sell coins after months of bitcoin trading below production costs. This has led to heavy long liquidations, bearish funding rates, and increased demand for protective bitcoin put options. Market volatility remains high with leveraged futures positions near all-time highs, signaling potential further price swings.

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