Bitcoin abandons back under $70,000, Strategy extends its slide
Corroborated by 5 sources from 5 publishers
TL;DR
Reports differ across sources; according to finance.yahoo.com, bitcoin traders are losing faith in the top crypto asset’s ability to jump higher in the near-term.
Sources
1
Forbes Business
https://www.forbes.com/sites/siladityaray/2026/06/02/bitcoin-falls-below-70000-for-the-first-time-since-april
2
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/bitcoin-price-rebound-incoming-analysts-091707612.html
3
Yahoo Finance News
https://finance.yahoo.com/markets/article/bitcoin-falls-below-70000-hitting-lowest-level-since-april-125652521.html
4
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/article/bitcoin-falls-below-70000-hitting-lowest-level-since-april-125652521.html
5
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/article/bitcoin-falls-to-67000-hits-lowest-level-since-april-125652061.html
6
Seeking Alpha Market News
https://seekingalpha.com/article/4910964-bitcoin-breaks-below-70000-as-sell-off-continues?source=feed_all_articles
7
Yahoo Finance News
https://finance.yahoo.com/personal-finance/investing/article/bitcoin-and-ethereum-prices-today-june-2-2026-bitcoins-lowest-open-since-april-prices-falling-further-132451193.html
8
Yahoo Finance News
https://finance.yahoo.com/personal-finance/investing/article/bitcoin-and-ethereum-prices-today-june-2-2026-bitcoin-slides-below-70000-132451998.html
9
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/bitcoin-crashes-below-70k-michael-142500623.html
10
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/bitcoin-traders-flip-bearish-btc-153554989.html
11
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/bitcoin-miner-hive-reports-revenue-171146667.html
12
CNBC 100004038
https://www.cnbc.com/video/2026/06/02/bitcoin-is-losing-what-makes-it-unique-says-rwa-xyzs-emily-parker.html
13
Investing.com News
https://www.investing.com/news/cryptocurrency-news/bitcoin-slides-to-70k-on-strategy-sale-iran-uncertainty-4720904
14
Yahoo Finance News
https://finance.yahoo.com/markets/crypto/articles/bitcoin-cant-compete-ai-trade-222214239.html
15
CNBC 19854910
https://www.cnbc.com/2026/06/02/bitcoin-drops-back-under-70000-strategy-extends-its-slide.html