Crypto News
Bitcoin dropped to $79,600 as escalating US-Iran tensions weighed on risk appetite, snapping what had been on track for a sixth consecutive weekly gain. The geopolitical flare-up hit crypto alongside broader risk assets, with traders pulling back from leveraged positions.
Adding a sharp twist to the selloff narrative, Strategy's Michael Saylor declared he may sell Bitcoin specifically to fund dividends — not out of necessity, but as a deliberate move to destroy short sellers betting that MSTR would be forced to issue equity. Saylor's words were blunt: he wants to "rip your wings off" those shorts.
The combination of macro headwinds and Saylor's provocative posture puts Bitcoin in an uncomfortable spot near the $79K level — a zone that has historically attracted both dip buyers and stop-loss cascades.
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