BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's first publicized bitcoin sale continued to weigh.

Strategy made its first BTC sale since 2022 as Bitcoin ETFs shed billions over the last two weeks, nudging the price down even lower.

Crypto markets continue to struggle even as risk markets across the globe surge higher.

Strategy sold Bitcoin, sparking jitters among investors and raising questions among analysts toward the prospect of future sales.

Bitcoin closed May at $73,568 as Benjamin Cowen, PlanB, and Crypto Rover warn of a possible slide toward $60,000.

Bitcoin hits a 2-month low amid institutional selling and negative ETF flows. Price below $68,000 by June 1 at 0.4% YES, between $70,000-$72,000 at 83.5% YES.

BTCs drop below $71K triggers $627M in crypto liquidations. Discover how geopolitical strife and Strategy's BTC sale fueled the bearish turn.

Analysts said the size of Strategy's bitcoin sale was relatively trivial, but sent a bearish signal to the broader market.

BTC fell 3.4% in 24 hours to below $71,000, the lowest level in weeks, as Monday's 8-K filing disclosing Strategy's first publicized bitcoin sale continued to weigh.

Bitcoin price today falls to a two-month low near 70,000 as Strategy sells BTC, ETF outflows hit a record, and crypto diverges from record-high equities.