{"id":30053,"date":"2026-06-06T11:03:37","date_gmt":"2026-06-06T10:03:37","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/06\/06\/bitcoin-2024-lows-mstr-crash-weekly-crypto-recap\/"},"modified":"2026-06-06T11:03:40","modified_gmt":"2026-06-06T10:03:40","slug":"bitcoin-2024-lows-mstr-crash-weekly-crypto-recap","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-2024-lows-mstr-crash-weekly-crypto-recap\/","title":{"rendered":"Bitcoin Retests 2024 Lows, MSTR Crashes: Crypto Market’s Darkest Week"},"content":{"rendered":"\n

Strategy<\/strong> has broken its sacred commitment to never sell Bitcoin<\/strong>. 32 BTC offloaded<\/strong>, and the market’s confidence has been shaken to its core. A decision that triggered a cascade of liquidations and sent Bitcoin back below $60,000<\/strong>.<\/p>\n\n\n\n

Between the collapse of MSTR<\/strong> stock, the deepening crisis surrounding Cardano<\/strong>, and the regulatory risks posed by the CLARITY Act<\/strong>, the crypto market has just endured one of its most grueling weeks since the start of the year.<\/p>\n\n\n\n

Here is the full breakdown of a week that could redefine the balance of power in the current cycle.<\/p>\n\n\n\n

Strategy Breaks Its Taboo: Bitcoin Under Pressure After the Sale of 32 BTC<\/h2>\n\n\n\n

The news hit like a bombshell: Strategy (formerly MicroStrategy) sold 32 BTC<\/strong>, bringing an end to its official policy of never liquidating its positions. The company still holds 843,706 BTC<\/strong> on its balance sheet, but that signal alone was enough to trigger panic across the markets. The question that immediately followed: if Strategy<\/strong> is selling, how many more BTC<\/strong> could be next?<\/p>\n\n\n\n

Bitcoin<\/strong> quickly surrendered the $60,000<\/strong> level<\/a>, retesting prices not seen since the 2024 lows. The price action<\/strong> revealed a fragile technical structure, with key support levels lost and volatility spiking sharply. Liquidations<\/strong> exploded across derivatives platforms, amplifying the downside correction.<\/p>\n\n\n\n

MSTR suffered a severe crash on the stock market<\/strong><\/a>, with investors interpreting the sale as a signal of financial distress. The historical premium that MSTR<\/strong> had been trading at relative to the net asset value of its Bitcoin<\/strong> holdings compressed violently, wiping out weeks of gains. For many analysts, this correlation between the stock and BTC<\/strong> illustrates just how much Strategy<\/strong> has become a vector of systemic risk for the broader market.<\/p>\n\n\n\n

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\"Bitcoin<\/figure>\n\n\n\n<\/figure>\n\n\n\n

Cardano in Crisis, the CLARITY Act: The Other Threats Weighing on the Market<\/h2>\n\n\n\n

While Bitcoin<\/strong> was absorbing the Strategy<\/strong> shock, Cardano (ADA)<\/strong> was weathering its own storm<\/a>. The network faced a wave of criticism over the slow pace of its development and the absence of any concrete near-term catalysts. Sentiment around ADA<\/strong> shifted firmly into bearish territory, with sustained selling pressure and a loss of momentum relative to competing altcoins. On-chain volumes remain anaemic, a clear sign of growing disengagement among active users.<\/p>\n\n\n\n

On the regulatory front, the CLARITY Act<\/strong> resurfaced in Washington discussions. The proposed legislation aims to clarify the boundary between securities<\/strong> and commodities<\/strong> within the crypto space \u2014 a distinction that could redefine the legal status of dozens of major tokens. While some industry players see it as an opportunity to establish a stable legal framework, others fear that an unfavorable classification could trigger a fresh wave of regulatory pressure on US exchanges and token issuers.<\/p>\n\n\n\n

The combination of these factors \u2014 Strategy’s surprise sale, Bitcoin’s fragile technical structure, the confidence crisis around Cardano, and regulatory uncertainty \u2014 has weighed heavily on overall market sentiment<\/strong>. The Fear & Greed Index<\/strong> plunged into extreme fear territory<\/a>, and inflows into spot Bitcoin ETFs<\/strong> stalled. The market is now waiting for a strong signal to determine whether a technical recovery is on the cards or whether the correction will extend further toward historical demand zones.<\/p>\n\n\n\n

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