Crypto
Wednesday, 7/8, 10:37 PM
Bitcoin Slides Toward $60,000 as Strategy's Record Sale and an Oil Shock Bite
- Bitcoin fell back toward the $60,000 level on July 8, trading near $62,000 after another day of losses.
- Three forces are pressing on it at once: the largest corporate holder is now selling, money is still leaving bitcoin ETFs, and a fresh oil-price spike has revived fears that interest rates stay high for longer.