Bitcoin dropped past $60,000 in one rapid fall toward $61,000. Crypto stocks sank as that price slid. MicroStrategy shares fell 10% after buying more Bitcoin. The company used $100 million to add to its holdings. That purchase will spread existing shares thinner for current owners.
Watchers at Bitcoin Price Forecast see more drops coming. The latest move joins a wider slump in crypto. Some buyers had bet that extra cash would lift prices. Instead, the fresh coins worsened losses for shareholders.