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Bitcoin falls to $67,000, hits lowest level since April
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 around $2.5 million of its massive $59 billion bitcoin position. The move signaled a shift away from the aggressive buy-and-hold strategy that had made the firm one of bitcoin’s biggest institutional backers and industry cheerleader. Although the sale amounts to ... (full story)
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From cnbc.com | Jun 2, 2026
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 ...
From fxstreet.com | Jun 2, 2026
The crypto market has come under renewed pressure, with Binance Research citing capital rotation into US equities as a key driver of the heightened risk-off sentiment in Bitcoin. In an X post on Tuesday, Binance Research said the CBOE Dispersion Index has surged to 42, one of the highest levels on record. The spike signals that investor flows are ...
