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CoinStats

Bitcoin abruptly crashes to $67,000 for the first time since February

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  • Bitcoin fell below $68,000 on Tuesday, hitting its lowest level since early April as traders reacted to Strategy’s Bitcoin sale, ETF outflows, and NEW Mt. Gox wallet movement.
  • Strategy sold 32 BTC between May 26 and May 31 for about $2.5 million, with the money going toward distributions on its STRC preferred stock.
  • U.S. stocks recovered, with the S&P 500 climbing to a record high near $69 trillion, while the Dow also touched a new intraday peak and chip stocks jumped.
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