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Peter Schiff warned that Strategy's new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategy's Confirmed Bitcoin Sale Turned Into a Market Signal Strategy Inc. (Nasdaq: MSTR) sold 3,588 bitcoin, raising about $216.

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Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy's selling.

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DeXe (DEXE), Lighter (LIT), and Cardano (ADA) rank among the biggest weekly gainers in the top 100 cryptocurrencies, making them the top coins to watch this week. Each enters the second week of July at a different stage of its trend.

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Bitcoin is catching a macro bid after softer U.S. jobs data strengthened the market's view that the Federal Reserve has more room to cut rates. TL;DR This article was written by the News Desk and edited by Samuel Rae.