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via Cointelegraph · By Cointelegraph Staff

Bitcoin Price Fell 40% Since STRC Launched: Is Strategy BTC-Buying Instrument in Trouble?

BTC

BTC/USDT

$62,935.42
-2.03%
24h Volume

$18,209,523,303.83

24h H/L

$65,622.83 / $62,568.90

Change: $3,053.93 (4.88%)

Long/Short
66.5%
Long: 66.5%Short: 33.5%
Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,043.45

-1.53%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$65,694.34
Resistance 1$63,976.31
Price$63,043.45
Support 1$62,294.26
Support 2$60,996.14
Support 3$59,130.91
Pivot (PP):$63,295.91
Trend:Downtrend
RSI (14):38.2
CS
Cointelegraph Staff
(10:15 AM UTC)
1 min read
EW
Approved byEmily Watson
1188 views
0 comments

Bitcoin (BTC) has fallen roughly 50% since Michael Saylor’s Strategy launched Stretch (STRC), its flagship Bitcoin-funding vehicle, in late July 2025.

BTC/USD monthly chart. Source: TradingView

Key takeaways:

  • STRC is acting like a classic Ponzi scheme, argue Peter Schiff and other critics.
  • Other analysts disagree, noting that STRC's drop below the $100 par is due to a leverage wipeout.

Critics say…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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