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Bitcoin price falls under $70K as crypto markets liquidate $800M
Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Data from TradingView showed new BTC price lows of $69,631 on Bitstamp. After failing to follow stock markets higher, BTC/USD increased its divergence from other risk assets to fall by nearly 2% on the day. Crypto long positions paid the price, with total 24-hour liquidations on Bitcoin and altcoins nearing $800 million at the time of writing, per data from CoinGlass. “The pressure is building,” trader Ardi responded to the latest price moves in a post on X. “We've seen BTC lose multiple key support ... (full story)
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From cointelegraph.com | Jun 2, 2026
Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. chart That level marked the pair’s lowest since April 5, erasing months of gains as 24-hour cross-crypto liquidations hit $1.25 billion. chart Continuing a grim divergence from other risk assets, Bitcoin collapsed as the S&P 500 set yet another ...
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From stocktwits.com | Jun 2, 2026
Bitcoin (BTC) fell about 4% to trade below $70,000 on Tuesday, as markets digested Strategy’s (MSTR) first cut to its Bitcoin holdings in more than three years. The company announced on Monday that it sold 32 BTC between May 26 and May 31, for an average of $77,135 per coin, or $2.5 million. This is the second time Strategy’s Bitcoin balance has decreased ...
