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Bitcoin (CRYPTO: BTC) remains under pressure after Strategy’s (NASDAQ:MSTR) 32 BTC sale rattled market confidence, tapping $60,000 on Friday afternoon.
Ethereum (CRYPTO: ETH) fell up to 9% while XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) dropped 5%, respectively.
Analysts warn Bitcoin could break below $60,000 before forming a bottom.
Saylor “Fake Out” Theory
Speaking at the Milk Road interview panel on June 5, analysts floated the idea …
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