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Bitcoin Slides into Bear Market After 53% Plunge from October Peak as MicroStrategy Stocks Collapse

On July 5, 2026, Bitcoin officially entered a bear market after dropping 50% from its October 2025 peak of $126,198.07. This downturn severely impacted Strategy Inc., formerly known as MicroStrategy, which saw its stock price fall by 45.4% due to its large cryptocurrency holdings. Meanwhile, new European Union regulations went into full effect, forcing crypto businesses to meet strict new standards.

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