Sentiment: Negative
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Galaxy Digital CEO Says Strategy Confidence Crisis Is Driving Bitcoin Selloff
By Kelvin Munene at 2026-06-29 11:47
Sentiment: Negative
TLDR Mike Novogratz linked Bitcoin’s selloff to a confidence crisis around Strategy. Strategy sold 32 BTC between May 26 and May 31 for about $2.5M. Novogratz said the sale weakened the “Saylor never sells” market narrative. Bitcoin traded near the $59K–$60K support zone during the selloff. Novogratz warned Bitcoin could fall toward $45K if support [...] The post Galaxy Digital CEO Says Strategy Confidence Crisis Is Driving Bitcoin Selloff appeared first on CoinCentral. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Galaxy Digital
Source Coin Central