Bitcoin Slips Below $81K as Strategy Sales Pressure Market

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On Thursday, May 7, 2026, Bitcoin slipped below $81,000 as momentum cooled after Strategy flagged potential sales, while Iran’s progress supported the risk tone.

Bitcoin Retreats After Hitting Three-Month Highs

Bitcoin fell 0.7% to $80,951.30 after touching three-month highs, pausing a rally that had surged nearly 12% in April on bargain buying and geopolitical optimism around Iran negotiations.

Strategy Signals Pressure as Altcoins Diverge

Strategy Inc. signaled possible Bitcoin sales to fund dividends, adding pressure near recent highs, though sentiment remained supported by easing U.S.-Iran tensions and steady crypto flows. Ether slipped 1.6% to $2,333.41, and XRP fell 0.8%, while BNB, Solana, and Cardano gained 1%-2%. Dogecoin dropped 3.7% and $TRUMP declined 1.6% as traders took profits after recent gains. Broader digital assets stayed range-bound, with investors watching policy signals and liquidity for the next move. Reports also pointed to an upcoming U.S. Bitcoin reserve update, keeping long-term sentiment cautiously constructive despite short-term volatility.