Bitcoin Falls to 2-Month Low After Strategy Sells BTC, ETFs Flip Negative for the Year

Bitcoin's price has fallen to its lowest point in two months following Strategy's first sale of Bitcoin since 2022. The decline coincided with a broader market downturn, as Bitcoin ETFs collectively shed billions in value over the last two weeks, flipping negative for the year.

Strategy's decision to sell BTC marks a notable shift, as the firm had not reduced its holdings since 2022. Meanwhile, Bitcoin ETFs, which had been performing well earlier in the year, have now turned negative for 2026. This downturn has been driven by a combination of market uncertainty and investor caution, leading to significant outflows from these funds.