Bitcoin remained close $63,000 on July 6, 2026.
It had spiked past $64,000 earlier but then recoiled.
Michael Saylor’s Strategy liquidated a substantial amount of the cryptocurrency.
Holdings declined sharply by $216 million to $225 million.
American Bitcoin Corp’s equity slumped to a new low of $8.00 per share.
Analysts note strong selling activity.
Some still believe Bitcoin for the extended run.