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Cryptocurrencies fall as strong dollar and Strategy's potential $1B bitcoin sale pressure market.

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

Major cryptocurrencies including Bitcoin, Ether, Solana, and Dogecoin declined amid a surge in the U.S. dollar driven by the Japanese yen hitting a 40-year low. Bitcoin traded below $60,000 and its 200-week moving average, with muted onchain demand and shrinking transaction fees signaling low market activity. Adding to market caution, Strategy, the largest corporate bitcoin holder, announced plans to possibly sell over $1 billion in bitcoin, reversing its founder's previous stance. The crypto market remains subdued, awaiting changes in dollar strength and potential interventions in the yen's decline.

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