Crypto Prices Today: Bitcoin Holds Near $62,048 After Strategy’s Record $216 Million Sale; Solana Leads Gains With 1.40% Rise

Crypto prices show a mixed picture Monday, with Bitcoin holding near $62,048 despite fresh selling pressure. Strategy disclosed its largest-ever Bitcoin sale, offloading 3,588 BTC for $216 million. Solana bucked the trend, gaining 1.40% to trade near $81. Total crypto market capitalization sits around $2.31 trillion as investors digest this corporate selling news.

Strategy Sells Record $216 Million in Bitcoin

Strategy disclosed on July 6, 2026, that it sold 3,588 BTC for approximately $216 million between June 29 and July 5. This marks the company’s largest Bitcoin liquidation in its six-year accumulation history. The sale funds dividend payments on its STRF, STRE, STRK, and STRD preferred stock.

The company executed this in two batches:

• 1,363 BTC sold for $80.8 million at an average of $59,256
• 2,225 BTC sold for $135.2 million at an average of $60,201

Strategy still holds 843,775 BTC and $2.55 billion in cash reserves as of July 5, 2026. Roughly $1.03 billion remains under its $1.25 billion monetization program.

Bitcoin Dips Below $62,000, Then Stabilizes

Bitcoin (BTCUSD) fell nearly 1% within an hour of Strategy’s disclosure, briefly dropping below $62,000. The coin has since stabilized near $62,048, according to aggregated exchange data. Support has held around $61,800, with resistance building near $62,900.

🚨ALERT: BITCOIN FALLS 1%, SLIPS BELOW $62K$BTC dropped 1% within the hour after news surfaced that Michael Saylor's Strategy sold Bitcoin.

The move erased Bitcoin’s green weekend gains and quickly flipped market momentum as defensive. https://t.co/tUIBvipgPN pic.twitter.com/YEWLBh12Ey

— Coin Bureau (@coinbureau) July 6, 2026

CoinGlass data showed over $95.74 million in liquidations within one hour of the news. Longs accounted for $90.76 million of that total. The Fear and Greed Index currently reads 24, placing sentiment deep in Extreme Fear territory despite the market’s relative price stability.

Bitcoin Dominance Highlights a Cautious Market

Bitcoin dominance stands at 55.95% of the total crypto market, according to CoinGecko data. Total crypto market capitalization sits near $2.31 trillion as of July 6, 2026. This concentration suggests capital is consolidating in Bitcoin rather than rotating into altcoins.

That pattern typically signals a risk-off or early-recovery environment. Bernstein maintains an “ambitious” $150,000 year-end Bitcoin target, even after acknowledging a 54% drawdown from cycle highs. Whether this dip becomes a footnote or deepens further likely depends on demand absorbing Strategy’s ongoing sales.

Solana Gains 1.40% as Network Activity Climbs

Solana (SOLUSD) trades near $81, up 1.40% over the past 24 hours, reclaiming the $80 level after recent weakness. SOL’s daily transaction count has more than doubled since January 1, 2026, reflecting rising DeFi and memecoin trading activity. Total Solana ETF assets have surpassed $1 billion this year.

Solana’s 52-week range spans from $60.20 to $294.82. Bitwise and Fidelity both operate Solana ETFs that have drawn significant inflows. Forward Industries has also transitioned into a Solana-focused treasury company, holding over 6.9 million SOL, valued near $1 billion.

Final Thoughts

Bitcoin’s ability to hold near $62,048 despite Strategy’s record sale shows some underlying demand resilience. Solana’s 1.40% gain stands out against broader market caution reflected in the Extreme Fear reading. Investors should watch crypto prices, the $62,900 resistance level, and Strategy’s remaining $1.03 billion authorization for further signals this week.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice