Community Articles
via CoinDesk · By CoinDesk Staff
Bitcoin isn't crashing because of Saylor, it's losing the momentum trade
BTC
BTC/USDT
$64,184.12
+0.76%
$64,184.12
+0.76%
(24s)24h Volume
$7,931,407,368.20
24h H/L
$64,350.00 / $63,400.00
Change: $950.00 (1.50%)
Long/Short
60.3%
Long: 60.3%Short: 39.7%
Funding Rate
+0.0005%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(06:48 PM UTC)
1 min read
1252 views
0 commentsBitcoin's recent weakness reflects a broader rotation into AI, IPOs and other momentum trades rather than concerns about Michael Saylor's bitcoin sales, according to Charles Schwab's Jim Ferraioli.
Bitcoin's BTC$66,924.57 recent struggles to rise in tandem with U.S. stocks has sparked a wave of explanations, from concerns about Michael Saylor's Strategy (MSTR) selling bitcoin to questions about…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments
Other Community Articles
Bitcoin Holds Near $64K as Exchanges Cancel SpaceX IPO Tokens, US Halts Fable 5
June 13, 2026 at 06:56 PM UTC
Bitcoin Holds Near $64K as ETFs Draw $85.85M, SpaceX Lists 18,712 BTC
June 13, 2026 at 06:32 PM UTC
Bitcoin Holds Near $63K as $443M Liquidated and ADA Crashes 42% in Risk-Off Wave
June 11, 2026 at 12:09 PM UTC
