# Bitcoin CRASHES Below $58K As Saylor's MSTR Hits A 28-Month Low

Page: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/bitcoin-crashes-below-58k-as-saylor-s-mstr-hits-a-28-month-low
Text version: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/bitcoin-crashes-below-58k-as-saylor-s-mstr-hits-a-28-month-low.md
Podcast: [The Wolf Of All Streets](https://stenobird.com/podcast/the-wolf-of-all-streets-1215618)
Published: 2026-06-26T13:30:00+00:00
Episode link: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA1700136491.mp3
Audio file: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA1700136491.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-wolf-of-all-streets-1215618/episodes/bitcoin-crashes-below-58k-as-saylor-s-mstr-hits-a-28-month-low
Duration seconds: 1641

## Resource

Bitcoin just hit its lowest level since October 2024 — dipping as low as $58,000 with US spot Bitcoin ETFs seeing RECORD investor flight. The bear catalysts are stacking faster than any point this cycle: Saylor's Strategy just hit a 2-year low (-46% in 30 days), STRC briefly cratered to $74 (designed for $100), the company has only ~10 months of dividend coverage left with $1.2B in annual obligations, and Rosen Law Firm just launched a class action probe — with Saylor responding only that "volatility tests every capital structure." Add Binance LEAVING the EU after failing MiCA (France, Italy, Poland, Spain), the Nasdaq losing $1 TRILLION in 27 minutes today with no headline trigger, BitGo laying off 15% of staff, and the CLARITY Act at real risk of slipping to fall. But the bull signals are quietly stacking: US households are sitting on $3.2 TRILLION in cash (record high), Tom Lee's BitMine just joined the Russell 1000, SBI is acquiring Japan's largest crypto exchange, and Kalshi is targeting a $40 BILLION valuation. We break down whether this October 2024 echo marks the cycle bottom or the next leg lower. Learn more about your ad choices. Visit megaphone.fm/adchoices

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