Bitcoin’s drop into the mid-$67,000s — driven by ETF outflows, Mt. Gox movements, geopolitical tension, and Strategy’s first BTC sale in years—triggered an outsized selloff in crypto-linked stocks.
Bitcoin price fell below $68,000 amid a mix of symbolic selling by Strategy, heavy ETF outflows, renewed Mt. Gox activity, and rising geopolitical tension tied to Iran–U.S. developments.
Mt. Gox moved 10,422 BTC worth $739 million ahead of its 2026 repayment deadline, triggering market jitters and contributing to Bitcoin’s drop below $69,000 despite no confirmed selling activity.
Bitcoin price has fallen more than 5.5% over the past week to around $72,600 as spot ETF outflows and rising U.S.-Iran tensions fueled broader risk-off sentiment.
Strategy posted over 25% in gains during the last five trading days, driven by a record-breaking Bitcoin acquisition and a surge in Bitcoin’s price near $79,000.
