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Bitcoin falls below $60K as Michael Saylor shifts to active BTC management amid market volatility.

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

Bitcoin dropped below $60,000 following Michael Saylor's announcement that his firm, Strategy, is moving from a long-only Bitcoin investment approach to active capital management. This change aims to better handle market volatility and includes managing dividends and debt. Investor sentiment is weakening, with Bitcoin ETFs seeing $230 million withdrawn in two days after $1.8 billion outflows the prior week. Technical signals suggest BTC may test $50,000 soon, with a confirmed support breakout and bearish macroeconomic conditions supporting a potential further decline.

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