Bitcoin price has tumbled to its lowest level in months Wednesday night, crashing below $62,000 and wiping out a sharp intraday loss of more than $5,300.

Bitcoin fell below $71,000 for the first time since April 13 as ETF outflows, whale distribution, and macro uncertainty pressure the crypto market.

The price of the world’s most valuable cryptocurrency slumped after its biggest institutional holder disclosed a sale for the first time since 2022.

Bitcoin falls below $64,000, triggering $1.1B in liquidations. Bitcoin reaching $90K in June 2026 at 0.8% YES.