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Bitcoin drops back under $70,000, Strategy extends its slide
Bitcoin on Tuesday fell below $70,000 for the first time since April amid deteriorating market sentiment. The price of the flagship cryptocurrency was last lower by more than 5% at $67,692.76, according to Coin Metrics. That was its lowest level since April 5. Ether declined by 3%, and stocks across the crypto sector were in the red as well. Strategy fell more than 8%. Galaxy lost 4% and Coinbase was down 3%. The moves began on Monday, when bitcoin and crypto stocks fell after bitcoin treasury pioneer Strategy reported it sold a small amount of the bitcoin it was holding — its first sale since 2022. While it was ... (full story)
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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 ...
From finance.yahoo.com | Jun 3, 2026
Bitcoin (BTC-USD) dropped more than 4% on Tuesday to hover near $67,000, its lowest level since early April. What’s behind the move: The world’s largest cryptocurrency has faced multiple headwinds in recent days as sentiment has soured after major holder Strategy (MSTR) sold tokens for the first time since 2022. On Monday, Strategy revealed it offloaded ...
From moneycheck.com | Jun 2, 2026
Michael Saylor’s Strategy executed a sale of 32 Bitcoin during the final week of May. This factual detail remains undisputed. What has become contentious is whether a massive Polymarket prediction market valued at $79 million should pay winners based on this transaction. The prediction market posed what appeared to be a direct question: had Strategy ...
