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Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears

Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears
Bloomberg Markets Thursday 18 June 2026, 17:46 UTC By Sidhartha Shukla, Muyao Shen 1 min read
Key Points

Cryptocurrencies Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears Bitcoin extended its slide back toward the $60,000 level. The decline is driven by mounting concerns over the unraveling of Strategy Inc.’s funding mechanism, alongside rate-hike fears that are dampening demand for riskier assets.

Cryptocurrencies Bitcoin Falls Back Toward $60,000 on Strategy Shares, Rate Fears Bitcoin extended its slide back toward the $60,000 level. The decline is driven by mounting concerns over the unraveling of Strategy Inc.’s funding mechanism, alongside rate-hike fears that are dampening demand for riskier assets. The largest cryptocurrency had dropped below that threshold two weeks ago for the first time since late 2024. The token — down as much as 3.3% to $62,229 on Thursday — has lost around 50% of its value since reaching a record high in October of that year.
Bitcoin Falls Back (PERSON) Strategy Shares (ORG) Strategy Inc.’s (ORG)
Originally published by Bloomberg Markets Read original →

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