Bitcoin slipped for a fourth consecutive session on Wednesday, trading near $65,380 at 4 p.m. ET. The cryptocurrency has lost roughly 25% this year, wiping out about half of the value it held after peaking above $126,000 in early October. Analysts note the price breach could trigger stop‑loss orders across leveraged positions.

Strategy, the largest corporate holder of Bitcoin, sold 32 coins last week for roughly $2.5 million, marking its first off‑load since the 2022 crypto winter. Executive chairman Michael Saylor, who long urged investors to hold, said the proceeds will fund preferred‑stock distributions. The sale also underscores growing caution among corporate treasuries amid volatile market sentiment. The move sent Strategy’s shares down 7% on the day.

Bitcoin’s slide diverges from the tech rally that has driven the S&P 500 to fresh highs, reviving its historic correlation with riskier assets. The currency led losses during last year’s AI‑driven tech sell‑off, prompting some analysts to view the current dip as a warning signal for broader market weakness. Investors watch if crypto pressure will spill into equities.