The article describes a significant price drawdown plus ongoing ETF outflows and changes in institutional holder behavior, which can pressure crypto sentiment over multiple sessions.
Bitcoin falls to $67,000, hits lowest level since April Ines Ferré · Senior Business Reporter Updated Tue, June 2, 2026 at 10:18 PM GMT+2 1 min read BTC-USD ETH-USD SOL-USD MSTR What happened: 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 a fraction of Strategy’s overall holdings, the timing is noteworthy.
Spot bitcoin exchange-traded funds (ETFs) have seen outflows for an unprecedented 11 consecutive days, nearing $3. 5 billion over that period, according to Bloomberg data. What else you need to know: Crypto has seen weakness in recent sessions despite the broader S&P 500 ( ^GSPC ) and Nasdaq Composite ( ^IXIC ) hitting back-to-back records.
“What’s particularly surprising is that Bitcoin is falling even as the US stock market — driven by exuberance around AI — is continuing to hit new highs,” wrote Nic Puckrin, macro analyst and co-founder of Coin Bureau on Tuesday. “This means Bitcoin is being driven more by crypto-specific sentiment, and this is close to rock bottom right now,” he added. Other cryptocurrencies, like ether ( ETH-USD ) and solana ( SOL-USD ), also fell on Tuesday.
Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre .
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