Bitcoin slips below $60K for the first time in 20 months as Strategy sale rattles markets

1 min read
Source: Yahoo Finance Singapore
Bitcoin slips below $60K for the first time in 20 months as Strategy sale rattles markets
Photo: Yahoo Finance Singapore
TL;DR

Bitcoin briefly dipped under $60,000—the first sub-$60k print in about 20 months—after Strategy disclosed a partial sale of its Bitcoin holdings on June 1, triggering a fresh crypto sell-off amid ongoing U.S. spot BTC ETF outflows (about $2.43B in May and $1.4B so far in June). The token hit as low as $59,743 intraday and was around $60,782 at the time of writing.

Share this article

Want the full story? Read the original reporting

Read on Yahoo Finance Singapore