Bitcoin (BTC) Falls 2%, Rebounds 1.8% After Trump Comments

On July 6, Bitcoin (BTC) dropped over 2% after Strategy sold $216 million of its reserves, marking its second sale this year. The company's net loss for Q1 was reported at $12.54 billion as Bitcoin's value declined. Later in the day, Bitcoin rebounded by 1.8% after former President Trump expressed his support for cryptocurrency. Over the last 12 months, Bitcoin's price has decreased by 45.3%, trading currently around $65,000. This volatility impacts investor decisions regarding buying or holding cryptocurrency.