Crypto Prices Decline After Strategy Unveils Bitcoin Sale

Cryptocurrencies have experienced a downturn in the last 24 hours as market participants processed information from the prominent Bitcoin treasury firm Strategy Inc. The most recent filing from the company has unsettled sentiment within the cryptocurrency market, which had previously been buoyed by the softer jobs data emerging from the U.S. On Monday, the Virginia-headquartered company led by Michael Saylor disclosed that it sold 3,588 Bitcoins during the period from June 29 to July 5, amounting to $216 million. The company also notified that it has incurred a loss of $8.32 billion on digital assets for the three months ended June 30, 2026. The sentiment in the cryptocurrency market, as indicated by the CMC Crypto Fear and Greed Index, has decreased from 28 a day ago to a current level of 25. According to the index the reading indicates a sentiment of fear. Liquidation statistics indicate a total of $303 million over the past 24 hours, with long positions accounting for $177 million and short positions totalling $126 million. Amidst the liquidation trends, aggregate crypto market capitalisation has experienced a 1 percent decline in the past 24 hours, now standing at $2.15 trillion. The decrease in total cryptocurrency market capitalisation was coupled with a 34-percent increase in trading volumes.

Only 13 of the top 100 cryptocurrencies are experiencing overnight gains exceeding one percent, while nearly 50 are facing overnight losses of one percent or greater. Bitcoin, the largest cryptocurrency, is trading 1.1 percent lower at $61,971. The current price stands approximately 51 percent lower than the all-time high of $126,198.07, which was recorded on October 7, 2025. The original cryptocurrency continues to experience a decline, with losses exceeding 29 percent on a year-to-date basis. Bitcoin fluctuated within a range of $63,935.85 to $61,275.83 over the last 24 hours. On Thursday, Bitcoin Spot ETF products in the U.S. experienced net inflows amounting to $224 million, contrasting with net outflows of $296 million recorded on Wednesday. Fidelity Wise Origin Bitcoin Fund recorded net inflows amounting to $166 million, while iShares Bitcoin Trust experienced net outflows totalling $40 million. Bitcoin has fallen to the 15th position in the global ranking of all assets based on market capitalisation, according to source. Bitcoin currently occupies a position between Samsung, which is ranked 14th, and Micron Technology, ranked 16th.

Ethereum slipped 0.92 percent overnight, trading at $1,750.06. The leading alternate coin is currently trading at a level that is 65 percent lower than its all-time high of $4,953.73, which was achieved on August 25, 2025. The 24-hour trading fluctuated between $1,805.91 and $1,728.97. Ethereum continues to contend with year-to-date losses exceeding 41 percent. Ethereum Spot ETF products in the U.S. experienced a notable increase in net inflows, climbing to $29 million on Thursday, up from $15 million on Wednesday. iShares Ethereum Trust ETF topped with net inflows of $30 million. Ethereum holds the 98th position in the global asset ranking based on market capitalisation, according to data. The 4th ranked BNB experienced a decline of nearly 2 percent overnight, leading to a price reduction to $576.09. BNB is currently positioned 58 percent beneath its all-time high of $1,370.55, which was reached on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, dropped 1.2 percent overnight and is currently trading at $1.12, around 71 percent below the all-time high of $3.84 touched on January 4, 2018.

The price of 7th ranked Solana declined 1.3 percent overnight to $80.27. SOL’s current price stands approximately 73 percent lower than its peak of $294.33, which was achieved on January 19, 2025. On Thursday, Solana Spot ETF products in the U.S. experienced net inflows amounting to $3 million, a notable increase from the $1 million recorded on Wednesday. TRON ranked 8th overall slipped 0.62 percent overnight and is currently changing hands at $0.3268. The trading price stands at 26 percent below the cryptocurrency’s all-time high of $0.4407, which was recorded on December 4, 2024. 9th ranked Hyperliquid gained 0.6 percent overnight, to trade at $69.64, around 9 percent below the all-time high of $76.85 recorded on June 16. Hyperliquid Spot ETF products in the U.S. experienced net inflows of $2 million on Thursday, a decrease from the $3 million in net inflows recorded on Wednesday. Memecoin Dogecoin ranked 10th overall experienced a decline of 2 percent overnight and is currently trading at $0.0754. DOGE is currently positioned 90 percent beneath its peak price of $0.7376, which was achieved on May 8, 2021.