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Verilumia

The Daily Verified Briefing

Markets

Bitcoin drops below $70,000 as ETF outflows surge

Published 2 June 2026

Bitcoin fell below $70,000 on Tuesday, marking its lowest price point in nearly two months amid sustained selling pressure from exchange-traded funds and broader market uncertainty. The decline extended losses from Monday, when the cryptocurrency first retreated below $71,000 for the first time in seven weeks.

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