Bitcoin (BTC-USD) dropped more than 4% on Tuesday to hover near $67,000, its lowest level since early April. What’s behind the move: The world’s largest cryptocurrency has faced multiple headwinds in recent days as sentiment has soured after major holder Strategy (MSTR) sold tokens for the first time since 2022. On Monday, Strategy revealed it offloaded around $2.5 million of its massive $59 billion bitcoin position. The move signaled a shift away from the aggressive buy-and-hold strategy that had made the firm one of bitcoin’s biggest institutional backers and industry cheerleader. Although the sale amounts to a ... (full story)