Bitcoin fell below $60,000 on June 5 for the first time since October 2024, extending a sell-off that has erased all gains made since US President Donald Trump’s election victory. The decline followed Strategy’s first Bitcoin sale since 2022,

I write about how bitcoin, crypto and blockchain can change the world. The bitcoin price has dropped toward $60,000 per bitcoin, down more than 50% since hitting an all-time high of $126,000 in October last year,

By Amanda Cooper LONDON, June 5 (Reuters) - Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new listings such as SpaceX lure away capital from the world's largest cryptocurrency.

More than $5.3 billion in leveraged long positions, or bullish bets on higher prices, have been liquidated across crypto derivatives markets since Monday, according to CoinGlass data. Friday alone accounted for roughly $1.4 billion of the damage as bitcoin (BTC) plunged below $60,000 and altcoins suffered even steeper losses.

This post was originally published on June 02 Bitcoin, which has struggled amid a surprise BlackRock sell-off, has dropped under the closely-watched $70,000 per bitcoin level. Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price collapse,

The crypto market rout gathered pace after Bitcoin briefly dropped under $60,000 for the first time in nearly two years. The broader digital asset market has lost close to $2 trillion in value since October,

Michael Saylor built Strategy Inc. around a straightforward idea: raise money to buy Bitcoin, then never sell it. Over time, that simple bet has turned far more complicated.

The cryptocurrency has taken a hit amid institutional investors selling their holdings and a positive jobs report.

Bitcoin price live updates on The Economic Times. Check out why Bitcoin price is falling(06 Jun 2026) today. Get detailed Bitcoin cryptocurrency price news, analysis and more.

While U.S. stocks have kept notching record highs, bitcoin is sliding to its weakest level in months.

Bitcoin plunged over 15% in a week, erasing post‑election gains and hitting younger crypto investors hardest.