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Bitcoin Crashed Below $59K, Seeing $1 Billion Liquidations

2026-06-25 08:08:14

Story Highlights* Bitcoin neared $59,000 as Strategy's funding model faced its biggest stress test yet.

Strategy sold 32 Bitcoin, challenging Michael Saylor's long-standing "never sell" Bitcoin narrative publicly.
Crypto markets witnessed $1 billion liquidations, with long traders losing nearly $800 million alone.

BTC-0.93%

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